A customer who earns $150,000 per year wishes to set aside funds for his 12 year old daughter's future college expenses. Which statement is TRUE? A B The customer can open a UTMA account for the daughter to deposit the funds The customer cannot open a UTMA account for the daughter to deposit the funds The customer can open a Coverdell ESA account for the daughter to deposit the funds The customer can open a Coverdell ESA account for the daughter to deposit the funds but any earnings will be taxable since the customer is a "high earner". D Previous Question Next Question Review Questions P Mark for Review