SIE Exam Practice Question 951

Question: 951

To establish a Coverdell Education Savings Account (ESA), the beneficiary must be under age __________ unless the individual is designated as a special needs beneficiary.

Correct Answer: B

Explanation:

To establish a Coverdell Education Savings Account (ESA), the beneficiary must be under age 18 unless the individual is designated as a special needs beneficiary.

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