In the state of NY, investors can contribute up to a lifetime maximum for the college expenses of a designated beneficiary. What is the name of this plan?

In the state of NY, investors can contribute up to a lifetime maximum for the college expenses of a designated beneficiary. What is the name of this plan?


A. Section 529 Plan

B. Section 457 Plan

C. Scholarship fund

D. Roth IRA



Answer: A. Section 529 Plan

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