Reggie Has Two Children

question 118

Multiple Choice

Reggie has two children.He is wanting to put money away for their college education.What type of plan can only be used for college and graduate school,and allows contributions of up to $250,000?

• A)403(b)
• B)ESOP
• C)529
• D)12b-4

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Definitions:

Team Building

Activities and exercises aimed at enhancing the relationships and efficiency of a team within an organization.

Mentoring

A development relationship where a more experienced individual guides and advises a less experienced person.

Job Rotation

A workplace strategy involving the periodic transfer of employees between different jobs or tasks to broaden their skills and reduce monotony.

On-The-Job Training

Training provided to employees at their workplace while they are doing their actual job tasks, often involving hands-on experience.