A 529 plan is:
A) Funds set aside to go toward post-secondary education expenses
B) An account which allows the holder to write checks against deposited funds
C) Funds set aside to be withdrawn after age 59.5 without penalty
D) A plan where taxes are not paid on the money or interest earned until the year it is withdrawn
Correct Answer:
Verified
Q2: What are 529 plans?
A)Qualified tuition plans
B)Prepaid tuition
Q3: A _ is an account designed to
Q4: Tristan is a freshman in high school
Q5: When opening a savings account it is
Q6: A 529 plan is used to save
Q8: All 50 states and the District of
Q9: What is a savings account designed for?
A)Spending
Q9: One of the first accounts opened in
Q10: If you expect your income taxes to
Q20: What plan is also known as a
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