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Which of the Following Is FALSE

question 46

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Which of the following is FALSE?


Definitions:

Distribution

In finance, it refers to payments made by a fund or company to its shareholders, such as dividends, or the allocation of a company's earnings.

Coverdell Education

An investment tool in the United States that allows families to earn tax-free returns on educational expenses savings.

CESA

Coverdell Education Savings Account, a tax-advantaged investment account in the U.S. designed to encourage savings for education expenses.

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees.

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