asked 99.3k views
4 votes
Carlos would like to start saving for his son’s college expenses. Which type of savings account should Carlos open? IDA money market 529 plan basic savings account

asked
User Muzzamo
by
8.2k points

2 Answers

4 votes

Answer:

529 plan

Step-by-step explanation:

answered
User Jeroen Wyseur
by
8.2k points
4 votes

The type of savings account that Carlos should open for his son’s college expenses is the savings account. It is an investment account in which contributions can remain tax free over a period of time is a savings account.

answered
User Rhytonix
by
7.9k points
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