Question: A 529 plan is: A defined contribution retirement plan offered by not-for-profit institutions. O A type of retirement plan that individuals can make use of,

 A 529 plan is: A defined contribution retirement plan offered by

A 529 plan is: A defined contribution retirement plan offered by not-for-profit institutions. O "A type of retirement plan that individuals can make use of, regardless of whether they are covered by a retirement plan at work." The savings account component in a Health Savings Account An account that allows you to purchase life insurance with before-tax dollars. A tax-sheltered savings account for higher education expenses

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!