A family wishes to save for future college expenses. Which financial tool should the family invest in?

A.
Checking accounts
B.
IRAs
C.
529 Plan
D.
CDs

C. 529 Plan

A car dealership gives another company a consumer's financial records without notifying the consumer. Which regulatory act did the car dealership violate?

A.
Home Ownership and Equity Protection Act
B.
Right to Financial Privacy Act
C.
Economic Growth and Regulatory Paperwork Reduction Act
D.
Fair and Accurate Credit Transactions Act

B. Right to Financial Privacy Act

The best financial tool for a family to invest in for future college expenses would be a 529 Plan (Option C). A 529 Plan is a tax-advantaged savings plan specifically designed to help families save for education expenses. It offers various investment options and allows for tax-free growth and withdrawals when used for qualified higher education expenses.