All of the Following Can Be Designated as a Beneficiary

question 32

Multiple Choice

All of the following can be designated as a beneficiary for a Section 529 plan except:

• A) A father or mother
• B) A son- or daughter-in-law
• C) an aunt or an uncle
• D) Child of a close friend

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Definitions:

Positive

Characterized by the presence or possession of certain qualities, attributes, or outcomes, often implying optimism or constructive aspects.

Primary

First in order or development; fundamental to a process or system.

Secondary

Generally refers to the second in order, importance, or stage, often used in different contexts such as education or stages of a process.

Fixed-interval Schedule

A reinforcement schedule in which a reward is offered after a set period of time has passed, assuming a correct response is made.