Exercise
Answer true or false.
1. True or false: Contributors may only open 529 savings plans in the state where they are a resident.
2. True or false: A 529 savings plan has both investment and inflation risk.
3. True or false: Only 529 savings plans opened through an investment firm, called an advisor-sold plan, have fees and administrative charges.
4. True or false: Some states offer state tax incentives to their residents for opening a 529 savings