Yes. Florida Prepaid and Florida 529 Savings Plans work well together. For example, a Prepaid Plan will cover tuition and other specified fees. Pair it with a Savings Plan to pay for books, a computer, room and board, and other Qualified Higher Education Expenses.…
A parent planning for children may open a Florida 529 Savings Plan for himself or herself and then transfer some or all of the funds to the child after birth.…
The Beneficiary is the person you are saving for. You may enroll any Florida resident with a valid Social Security number who is a U.S. citizen or resident alien, at any age, and at any time. It’s never too early, or too late, to save for college.
If a parent…
A Florida 529 Savings Plan can be opened by any individual 18 years of age or older that is a U.S. citizen or legal U.S. resident with a valid Social Security number.…
