Which of the following is true of the 529 plan?A.It does not guarantee admission to college.B.You do not get taxed on money not used for college expenses.C.You can use it only for four-year colleges.D.Your chances of being admitted to college are higher if you have the plan.SUBMITarrow_backPREVIOUS

A plan that allows a family to pre-purchase one part of a college's cost of attendance is called a _____.A.529 checking accountB.529 college savings planC.529 planD.529 prepaid tuition plan

529 plans are sponsored by all of the following except:A.state governments.B.higher educational institutions.C.state agencies.D.the federal government

Which of the following is a characteristic of the college savings plan?A.There is a limited enrollment period.B.It is administered only by states.C.It is not available in every state.D.There is an age limit.SUBMITarrow_backPREVIOUS

Which of the following is a financial benefit of being a college graduate?A.$1.2 million more in lifetime earnings than a high school graduate will earnB.50 percent of the fastest-growing jobs in America require oneC.Guaranteed retirement savingsD.Not having to pay federal taxes

Question 2 of 10Which of the following is a benefit of a college education?A.College graduates are more likely to vote for the winning candidate in any election.B.48 percent of college graduates read to their kids daily.C.College graduates are more likely to have health insurance.D.College graduates do not enter military service.