What is one of the primary differences between a Coverdell ESA and a 529 Savings Plan? a.

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What is one of the primary differences between a Coverdell ESA and a 529 Savings Plan?

a. A Coverdell can be used for private elementary, middle, or high school.

b. A Coverdell does not have a phase-out limit for participation.

c. A 529 Savings Plan has a phaseout limit for participation.

d. A Coverdell allows 5-year proration of contributions.

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Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

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