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M and N want to establish an Education IRA for their daughter and contribute the maximum amount. If the daughter is five years old and allowed contributions stay at the current level, how much will her parents end up investing in her IRA if she starts college when she is 19?
Options
a. $26,000
b. $6,500
c. $7,000
d. $10,000
Answer: A
The above question M and N want to establish an Education IRA for their daughter and contribute the maximum amount. If the daughter is five years old and allowed contributions stay at the current level, how much will her parents end up investing in her IRA if she starts college when she is 19?, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
