What Is a Disadvantage of the "Prepaid College Tuition Plan

question 139

Multiple Choice

What is a disadvantage of the "Prepaid College Tuition Plan" version of the 529 plan?

• A)Distributions before age 59 1/2 incur a 10% tax penalty.
• B)They generally guarantee that your child will be covered only if he or she attends a public in-state university or college.
• C)They allow greater flexibility than the College Savings Plans.
• D)All of the above.
• E)None of the above.

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Definitions:

Energy Forces

Conceptual powers believed to influence or control aspects of the physical or spiritual world, often discussed in the context of alternative medicine or metaphysics.

Care and Concern

Expressed attention and empathy towards someone's well-being and emotional or physical state, often demonstrated through supportive actions or nurturing behavior.

Attuning

The process of becoming or making aware, sensitive, or responsive to something, especially the emotional needs of another.

Hardiness

A personality characteristic that involves a sense of control, commitment, and challenge in handling and adapting to stress.