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When a limited - pay whole life insurance policy is acquired for a juvenile, after the child becomes an adult the cash value: may be

When a limited

-

pay whole life insurance policy is acquired for a juvenile, after the child becomes an adult the cash value:

may be taken out tax

-

free if it is used to pay college.

may be used as a nest egg.

may be transferred to a

529

plan tax

-

free.

none of the above

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