Are distributions from the account for qualified expenses taxed?
Distributions used to pay for qualified educational expenses are exempt from federal taxes and, in some states, from state taxation. T. Rowe Price does not withhold taxes.
The funds referred to in this website are offered and sold only to persons residing in the United States and are offered by prospectus only. The prospectuses include investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing.
1T. Rowe Price Summit Program membership includes clients invested in 529 plans managed by us. 529 portfolios managed by T. Rowe Price invest in I Class shares of the underlying mutual funds where available and have access to closed T. Rowe Price funds, regardless of participation or status in the Summit Program.
