Finance 5 Welcome to your Finance 5 Quiz. Please click on "Next" to continue. Investment brokers do not deal with 529 Plans.TrueFalseDefaulted student loans drop off a credit report after two years.Please select your answerTrueFalseThere are no fees involved in a 529 plan?TrueFalseThe GI Bill will pay for all of a Veteran's education.TrueFalseWhat is the primary different between a Prepaid Tuition Plan and a College Savings Plan?A College Savings Plan allows a person to pre-buy credit at a college, whereas the Prepaid Tuition Plan invests the money in a portfolio.A Prepaid Tution Plan allows a person to pre-buy credit at a college, whereas the College Savings Plan invests the money in a portfolio.Prepaid Tuition Plans are only for students who have already been accepted to the college.All investments in every College Savings Plan are guaranteed.Why would a 529 plan be valued by many heroes?It is a good way to save money for a boat without getting taxed.It allows parents to save for their children's future education.It allows parent to save money to start a business with their children without paying any fees.Non-humanities college graduates earn, an average, ________% more over a lifetime than do non-college graduates.200300400500What is another name for a College Savings Plan that includes an age-based portfolio?Static fund portfolioTarget-date portfolioExchange-traded portfolioStock fund portfolioIn 2018 the average yearly tuition for a state college was how much?$34,000$25,000$10,000$120,000Active duty and Veterans who have served at least 3 years (36 months) on active duty since September 10, 2001 are eligible for 100% tuition under the Post 9/11 GI Bill.TrueFalse Stage Name/Real Name Unit Time is Up! Posted on August 24, 2019April 24, 2020 By admin
