Ch 11: Understanding Municipal Fund Securities

About This Chapter

Study this chapter on municipal fund securities to enhance your understanding of 529 prepaid tuition plans, ABLE accounts, LGIPs, and more. The chapter's self-assessment quizzes provide a convenient way to test your knowledge of concepts covered in preparation for an exam.

Understanding Municipal Fund Securities - Chapter Summary

By taking advantage of these lessons, you can quickly deepen your understanding of municipal fund securities. For example, experts go over how local government investment pools work. Tax consequences of unqualified withdrawals from mutual fund securities are also covered in this chapter. After reviewing the lessons, you should be ready to:

  • Provide examples of municipal fund securities
  • Explain how 529 prepaid tuition plans work
  • Describe tax benefits of ABLE accounts
  • Recall different types of local government investment pools
  • List changes that can be made to mutual fund securities
  • Discuss MSRB Rules D-12 and G-45

Our professional instructors are highly adept at helping you better understand municipal fund securities. There's a short quiz available for each lesson, and the quizzes can be printed to study offline. To stay organized, you can track your quiz results from your personal dashboard.

5 Lessons in Chapter 11: Understanding Municipal Fund Securities
Test your knowledge with a 30-question chapter practice test
Mutual Fund Securities: Definition & Examples

1. Mutual Fund Securities: Definition & Examples

Mutual funds are an investment vehicle for smaller investors, and provide investment diversity, albeit at a higher fee. This lesson discusses mutual funds generally and different types of funds.

529 Prepaid Tuition Plans: Definition & Overview

2. 529 Prepaid Tuition Plans: Definition & Overview

The 529 Prepaid Tuition Plans offer tax benefits and allow individuals to lock in future college expenses at today's rates. This lesson will explain what the 529 Prepaid Tuition Plans are, how they work, and what they cover.

Local Government Investment Pools (LGIPs): Definition & Types

3. Local Government Investment Pools (LGIPs): Definition & Types

Local government investment pools are a means for local governments to invest excess tax revenues in a fund that will be liquid but provide the government additional income until the money is needed.

ABLE Accounts: Definition & Overview

4. ABLE Accounts: Definition & Overview

ABLE accounts are accounts set up to provide for the care of a seriously disabled person. An ABLE account allows for contributions for the care of the disabled person to be invested tax free for future needs.

MSRB Rules Related to Mutual Securities

5. MSRB Rules Related to Mutual Securities

Rule D-12 was added by the Municipal Securities Rulemaking Board (MSRB) in 2000 to provide regulations for municipal fund securities and to establish reporting requirements as defined by Form G-45. This lesson provides an overview of MSRB Rules D-12 and G-45.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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