Ask Question
22 November, 04:54

Which of the following is a tax-advantaged savings plan designed to encourage savings for future college costs?

A. 592 plan

B. University plan

C. 529 plan

D. Scholarship plan

+2
Answers (2)
  1. 22 November, 05:04
    0
    A. 529 Plan

    A 529 Plan is a tax-advantaged savings plan organized under Section 529 of the Internal Revenue Code to provide funds to grow tax-free in an account for future college costs. This allows families and friends to save for a college students' costs and allow the funds to grow tax-free for the future.
  2. 22 November, 05:08
    0
    a 529 plan is the answer
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following is a tax-advantaged savings plan designed to encourage savings for future college costs? A. 592 plan B. University ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers