Which sentence best describes an incentive for saving for education with a 529 plan?
A. The income generated by a 529 plan is tax exempt.
B. Colleges offer a reduced price for tuition paid for with funds from a 529 plan.
C. There is no penalty if withdrawals are made for non-educational-related expenses.
D. The income generated by a 529 plan is tax deferred.
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Home » Mathematics » Which sentence best describes an incentive for saving for education with a 529 plan? A. The income generated by a 529 plan is tax exempt. B. Colleges offer a reduced price for tuition paid for with funds from a 529 plan. C.