In comparing qualified expenses across the three government programs to help fund education expenses, which of the following can be used to pay education costs for K-12?
A) Coverdell Education Savings Account
B) Section 529 prepaid tuition plan
C) Health savings plan
D) Education IRA
Correct Answer:
Verified
Q79: A Section 529 plan is a(n)
A) tax-deductible
Q80: The benefit of a Section 529 plan
Q81: John and Mary have a four-year-old son.
Q82: When comparing the Section 529 prepaid tuition
Q83: When comparing penalties for nonqualified withdrawals on
Q85: Which program allows you to claim up
Q86: Which of the three government college savings
Q87: Which of these government college savings programs
Q88: What are the income limits for Section
Q89: Who controls the account for Section 529
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents