Coverdell account contributions must be in cash, no future contributions are allowed once the beneficiary turns 18,

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Coverdell account contributions must be in cash, no future contributions are allowed once the beneficiary turns 18, and final distributions must be made within 30 days of the beneficiary attain- ing age 30.

a. True

b. False

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Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

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Question Posted: Sep 12, 2024 07:02 AM

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Coverdell account contributions must be in cash, no future contributions are allowed once the beneficiary turns 18,

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Fundamentals Of Financial Planning

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