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Which of the following is TRUE about a 5 2 9 savings plan? It locks in a set tuition price when the account is

Which of the following is TRUE about a

529

savings plan?

It "locks in

"

a set tuition price when the account is opened.

The investment is guaranteed by the state where it is opened.

It covers tuition and fees and other educational expenses.

It can only be used at the postsecondary educational level.

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