Multiple Choice
Which of the following is accurate concerning 529 college savings plans?
A) Contributions are tax deductible for both state and federal income taxes.
B) Earnings are tax-free when used for qualifying educational expenses.
C) They have no impact on qualifying for financial aid.
D) There is no limit on how much can be contributed.
E) All of the above.
Correct Answer:
Verified
Correct Answer:
Verified
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