Frequently Asked Questions

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Learn how to save for your child’s future with 529 college savings plans.

If you’re confused about saving for college, you’re not alone. Everyone has questions! That’s why we’re here to help. Get some answers.

Browse our list of frequently asked questions about 529 college savings plans, the Maryland Prepaid College Trust, the Maryland College Investment Plan, and more!

529 Basics

What is a 529 plan? How does a 529 plan work?

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Maryland ABLE

Learn more about Maryland ABLE.

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College Investment Plan

Answers to questions about the College Investment Plan.

Account Holder: Learn more
Non-Account Holder: Learn more

Prepaid College Trust

Answers to questions about how the Prepaid College Trust works.

Account Holder: Learn more
Non-Account Holder: Learn more

Financial Advisors

If you are a financial advisor, click here to access Common Advisor Questions and Answers.