Question: Which statement about achieving a better life experience accounts are true? Contributions are deductible on the federal tax return, each donor may contribute up to

Which statement about achieving a better life experience accounts are true? Contributions are deductible on the federal tax return, each donor may contribute up to $

20, 000

to the Abell account of a beneficiary with no employment income. If the donor is married, the spouse may also contribute up to $

20, 000,

distributions are tax

-

free when used to pay for qualifying disability expenses or they must be established before the design designated beneficiary reaches age

30 .

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