A _________________ is an account designed to encourage saving for future college expenses and is legally known as a "qualified tuition plan."
A) CD
B) 529 plan
C) Roth IRA
D) Checking account
Correct Answer:
Verified
Q2: A 529 plan is:
A) Funds set aside
Q2: What are 529 plans?
A)Qualified tuition plans
B)Prepaid tuition
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
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