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
Answer:A
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