Erika Is a Marketing Manager at a Local Equipment Manufacturer

Erika is a marketing manager at a local equipment manufacturer. She knows that saving for college for her 5-year-old twin boys is a challenge. Her employer recently implemented a college tuition plan that lets parents and other family members defer taxes on their contributions to the plan. What is the type of plan being implemented?

A) 529 savings plan
B) 401(k) savings plan
C) 207 college tuition plan
D) U.S. saving bonds plan
E) TD Ameritrade college tuition plan