Question: ndrea entered into a 5 2 9 qualified tuition program for the benefit of her daughter, Joanna. Andrea contributed $ 1 5 , 0 0

ndrea entered into a 529 qualified tuition program for the benefit of her daughter, Joanna. Andrea contributed $15,000 to the fund. The fund balance had accumulated to $25,000 by the time Joanna was ready to enter college. However, Joanna received a scholarship that paid for her tuition, fees, books, supplies, and room and board. So Andrea withdrew the funds from the 529 plan and bought Joanna a new car.

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