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Taylor is trying to figure out how to pay for her daughter's college. She is cvaluating several options. She is considering taking out a loan
Taylor is trying to figure out how to pay for her daughter's college. She is cvaluating several options. She is considering taking out a loan from either her retirement plan or on her cashvalue life insurance policy. Which ont of the following is a benefit regarding these two options?
A The loan on the cash value from the life insurance policy is a lowcost option for financing.
B A loan on a retirement plan has flexible repayment rules.
C The loan on the retirement plan will continue even when changing jobs.
D A loat on the eash value of life insurance is treated favorably even if the policy lapses.
Thomas and Carol are manried with AGI of $ for They have one child, Michacl, who is in his third year of college. The following are the costs for education:
table Thomas parttime night school$
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