However, you aren't necessarily entitled to any extra money that the plan may earn. It has an open enrollment period. Some plans even allow the contract to be applied to graduate school tuition. the plan does not require a sole proprietor making a contribution to his HR-10 plan to make contributions for eligible employees. Which of the following is a difference between a prepaid tuition plan and a college saving plan? All of the following are true of an HR-10 Plan EXCEPT: this is a qualified plan subject to the requirement of having an IRS-approved plan document in place. Provides prepaid dental services b. All of the following are sources of grant funding except: A. public and private organizations B. the ncaa clea… Get the answers you need, now! Join now.

paulsrinjoy2091 27 minutes ago Business Studies Secondary School +5 pts. The prepaid tuition plan covers: room and board. Which of the following is a benefit of enrolling in a prepaid tuition plan? Some prepaid tuition plans offer contracts for a two-year community college or a four-year undergraduate program, or a combination of the two, and can cover one to five years of tuition. It has a limited enrollment period. 2013-06-14 18:47:07 2013-06-14 18:47:07. 1. B. tuition … A. guaranteed admission to the college of your choice B. locking in current tuition rates for future college education C. earning a higher interest rate on your savings D. a higher possibility for college scholarships There are state residency restrictions. Wiki User . Log in.

the plan is subject to maximum contribution amounts. Join now. Log in. Ask your question. Top Answer.

There are a number of options. It's not available in every state.

Find an answer to your question All of the following are characteristics of prepaid tuition plan except which 1. In addition, if a beneficiary doesn’t attend a participating college or university, the prepaid tuition plan may pay less than if the beneficiary attended a participating college or university. If your prepaid tuition payments aren’t guaranteed, you may lose some or all of your money in the plan if the plan’s sponsor has a financial shortfall. All of the following are characteristics of the prepaid tuition plan except which?

With a prepaid tuition plan, you prepay all or part of a child's future tuition by investing in units or contracts (depending on how the particular plan is structured), and you're guaranteed a minimum rate of return. Uses cost control features similar to an HMO c. Can be closed or open panel d. Group dental plans are convertible. All of the following are characteristics of prepaid dental plans, EXCEPT: a.