16
practice testMultiple Choice

Practice Test

Question 16 • Personal Finance

Part B: What is a benefit?

Answer
A
tax-free withdrawals for education
B
higher fees
C
limited growth
D
taxed withdrawals

Explanation

A benefit is an advantage. Tax-free withdrawals for education can help families pay education costs while keeping more of their savings. Higher fees, limited growth, and taxed withdrawals are disadvantages, so the correct choice is tax-free withdrawals for education.

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