Question

To whom should your family talk about enrolling in a 529 plan or a Coverdell Education Savings Account?

Answer 1

Financial planner will be able to go over the benefits and restrictions of a 529

Answer 2

The correct answer is financial planner.

Financial planner will educate a person on the restrictions and benefits of both coverdell savings and 529 plan.

Financial planning will cover the investment planning, tax planning and cash flow management.

Financial planner will manage, create, and plan for capital accumulation which will generate cash flow and future capital for spending and investment.