Question

all of the following are characteristics of the prepaid tuition plan except which?
a. it has an open enrollment period.
b. it has a limited enrollment period.
c. there are state residency restrictions.
d. its not available in every state.

Explanation:

Prepaid tuition plans typically have limited enrollment periods (not open), often impose state residency restrictions, and are not available in all states. An open enrollment period is not a characteristic of these plans.

Answer:

A. It has an open enrollment period.