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Which of the following statements about saving for college is not true? 529 college savings plans offer more flexibility than prepaid college tuition plans. You
Which of the following statements about saving for college isnottrue?
| 529 college savings plans offer more flexibility than prepaid college tuition plans. |
| You must open a 529 plan sponsored by the state in which you reside. |
| Some 529 plans are prepaid college tuition plans. |
| If the money in a Coverdell Education Savings Account isn't used for college, taxes and penalties may apply. |
| The Coverdell Education Savings Account works just like the Roth IRA, except with respect to contributions. |
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Case Studies in Finance Managing for Corporate Value Creation
Authors: Robert F. Bruner, Kenneth Eades, Michael Schill
7th edition
007786171X, 77861711, 978-0077861711
