Series 6 - Investment Company And Variable Contracts Products Representative Exam

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Another name for a 529A account is:

529 account
A
ABLE account
B
Tuition reimbursement account
C
Dependent care reimbursement account
D
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Explanations

A 529A account, also known as a ABLE account, provides disabled Americans the opportunity to save up to $15,000 per year in a tax-deferred account similar to a 529 college savings account.

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