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    Exam 11: Investments
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    When 529 Plan Distributions Are Not Used for Qualified Higher
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When 529 Plan Distributions Are Not Used for Qualified Higher

Question 34

Question 34

Multiple Choice

When 529 plan distributions are not used for qualified higher education expenses, these distributions are subject to an additional penalty of:


A) 5%
B) 10%
C) 15%
D) 25%
E) None of these

Correct Answer:

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