Choose the Answer That Best Describes the Purpose of a Section

question 15

Multiple Choice

Choose the answer that best describes the purpose of a Section 529 Plan:

• A) funding retirement with tax-deferred dollars
• B) funding retirement with completely tax-free dollars
• C) funding a college education
• D) funding retirement

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Definitions:

Securities and Exchange Commission

A U.S. federal agency responsible for regulating the securities industry, enforcing federal securities laws and regulating the stock and options exchanges.

Fair Practices

Refer to ethical and equitable procedures and policies adopted by organizations to ensure transparency, justice, and fairness in their operations.

Financial Information

Data related to the financial health or status of an individual, company, or institution, including earnings, assets, and liabilities.

Edelman Communications

A global public relations and marketing consultancy known for delivering innovative and effective communications strategies.