Series 51: Who Can Sell 529 Plans?

Who Can Sell 529 Plans?

Representatives who have passed the Series 6, 7, or 52 are qualified to sell 529 plans. These representatives must be supervised by a person who has passed either the Series 51 or Series 53.

Exercise

Answer true or false.

1. 1. True or false: A contributor is allowed to roll over a 529 college savings plan from one plan to another for investment reasons, as many times as necessary, without tax implications.
2. 2. True or false: Because contributions to a 529 college savings plan are made with after-tax dollars, only those portions of nonqualified withdrawa