A contributor to a Section 529 plan cannot:
A) Replace a plan beneficiary with a new one
B) Contribute to a 529 plan if their adjusted gross income exceeds the threshold cap for the particular year
C) Rollover funds from one state's program to another
D) Claim the Hope Scholarship credit
Correct Answer:
Verified
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
Q29: Section 529 plans are:
A) State-sponsored college savings
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
Q35: Compounding works best if you invest
A) Over
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