Series 6 - Investment Company And Variable Contracts Products Representative Exam
Preview Mode
The benefits of a 529 college savings plan include all of the following EXCEPT:
Tax-free withdrawals to pay for qualified educational expenses
A
Tax-deferred contributions to the account
B
Tax-deferred growth on the contributions in the account
C
Periodic payments into the account
D
Explanations
Contributions to a 529 college savings plan are made with after-tax dollars.