Question

Two methods to sell 529 plans to customers are: ________________.

A) Directly through the state's 529 plan website
B) Through a financial advisor or broker
C) Both A and B
D) Only through educational institutions
E) Only through employer-sponsored programs

Answer 1

Two methods to sell 529 plans are directly through the state's 529 plan website and through a financial advisor or broker.

Step-by-step explanation:

Two methods to sell 529 plans to customers are:

1. Directly through the state's 529 plan website: Customers can visit the website designated by their state to directly purchase and manage their 529 plan.
2. Through a financial advisor or broker: Customers can seek assistance from a financial advisor or broker who can guide them through the process of selecting and purchasing a 529 plan.

The correct option is C) Both A and B.