Section 529 plans are:
A) State-sponsored college savings plans
B) Custodial accounts that let parents invest on behalf of the child
C) IRA type plans set up through a financial service firm
D) A governmental student loan program
Correct Answer:
Verified
Q24: Coverdell ESAs cover each of the listed
Q25: Which of the following would be most
Q26: Treasury Inflation Indexed Securities:
A) Cannot be used
Q27: Donor may change beneficiary for the following
Q28: Section 529 plans, UGMA/UTMA and Coverdell ESAs
Q30: A contributor to a Section 529 plan
Q31: The following steps may be taken to
Q32: Coverdell ESAs combine the following features:
I.
Q33: All of the following can be designated
Q34: Persons unable to repay student loans can
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