If parents are concerned their child may use money set aside for her or his college education unwisely, they could: refuse to allow the minor to establish his or her own custodial account. establish a 529 plan to maintain control of the funds gifted. establish a custodial account in another child's name. establish a custodial IRA to prevent premature withdrawals. Edward owned a Series EE savings bond for 4 years and has decided to cash it tomorrow. The current value of the bond is $3000, and the annual interest rate is 2.0%. How much interest will Edward lose as a penalty for cashing in the bond? $25.00 O $20.00. $10.00 $15.00 Which of the following is not a strategy to protect against identity theft? Never respond to unsolicited e-mails asking for credit cards, passwords, or other financial or security information. Never use credit cards online since nearly all identity theft occurs online. Always shred financial statements and receipts that show account- related information Reconcile your monthly account information to make sure there are not any unauthorized transactions