Solved

Lashaun Took an Early Withdrawal of $6,200 from a College

Question 32

Multiple Choice

Lashaun took an early withdrawal of $6,200 from a college savings plan and did not use the money for qualified educational expenses. What amount of penalty will she pay on the early withdrawal?


A) $0.
B) $310.
C) $620.
D) $740.

Correct Answer:

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