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Lena [83]
2 years ago
10

Which of the following covers all qualified higher education expenses?

History
1 answer:
Scrat [10]2 years ago
6 0

All qualified higher education expenses are covered by the 529 Coverdell Education Savings Account.

<h3>What is qualified higher education expenses?</h3>

Any money that is paid by an individual for expenditures required to attend a college, university, or other post-secondary institution qualifies as a qualified higher education expense.

A 529 plan is an excellent way for parents and family members to save for their children's education.

When money in a 529 plan is used for qualified education costs, the contributions are tax-deductible.

Tuition, fees, books, and supplies such as PCs and laptops are all covered, however insurance and health care costs are not.

Therefore, option A is correct.

Learn more about education expenses, refer to:

brainly.com/question/24248580

#SPJ1

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