"Which of the following statements, if any, is (are) correct? 1. Prepaid Tuition plans provide for the prepayment of college tuition at current tuition prices for future enrollment. 2. A disadvantage of a QTP (qualified tuition plan) is that the owner/contributor must relinquish control of the account, and share control of the funds with the student / beneficiary."
- 1 only.
- 2 only.
- Both 1 and 2.
- Neither 1 nor 2.