The Time Value of Money

Which of the following is not an advantage of a 529 college savings plan?
Anyone can contribute to them
You can withdraw money from them penalty-free if a student receives a scholarship
The investment gains grow tax free
They can be used to pay for tuition, room, and board at qualified institutions
Which of the following is not an advantage of a 529 college savings plan?
Anyone can contribute to them
You can withdraw money from them penalty-free if a student receives a scholarship
The investment gains grow tax free
Which of the following is not an advantage of a 529 college savings plan?
Anyone can contribute to them
The investment gains grow tax free
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