Series 7 - General Securities Representative Exam
Preview Mode
The type of 529 that allows earnings to grow tax-deferred and withdrawals are tax-free when used for qualified education expenses is a(n)
Prepaid Tuition Plan
A
College Savings Plan
B
HSA Account
C
UTMA Account
D
Explanations
The college savings plan allows earnings to grow tax-deferred and withdrawals are tax-free when used for qualified education expenses