Hyman is age 34, single, and has AGI of $130,000. He would like to contribute to a Coverdell Education Savings Account (CESA) for his niece, Danielle. Danielle's father has already contributed $500 to a CESA in 2018. What is the maximum CESA contribution Hyman can make for Danielle in 2018?
A. $0.
B. $2,000.
C. $500.
D. $1,500.
Answer: A
You might also like to view...
In the Federal Open Market Committee,
A. the Federal Reserve Bank of Kansas City always votes. B. the Federal Reserve Bank of Washington always votes. C. the Federal Reserve Bank of San Francisco always votes. D. the Federal Reserve Bank of New York always votes.
Which of the following statements is true concerning assets?
a. Assets represent future economic sacrifices. b. Assets are expired costs. c. Assets become expenses at the time they are paid in cash. d. Assets become expenses when their economic benefits expire.
Global companies have five strategies for matching products and their promotion efforts to global markets. Designing a product to serve the unmet needs of a foreign nation is which type of global marketing product and promotion strategy?
A. product adaptation B. product invention C. product integration D. product customization E. product extension
Relationship marketing assumes that many consumers and business customers prefer to have an ongoing relationship with one organization rather than switch continually among providers in their search for value
Indicate whether the statement is true or false. a. True b. False