Learning Library Quick Answers Investment Planning |
Answer: To take the distribution penalty-free, the qualified expenses must be in the same year as the distribution.....
Answer: No. There are no income or other limits on the ability to contribute to an account other than the maximum funding level ea....
Answer: Yes. Many of the states have laws allowing for a deduction on personal income tax returns for contributions made to 529 Co....
Answer: When the employee is the business owner's child, that child must be 21 years old to receive up to $5,250 per year tax free....
Answer: Generally not, but a definition of an eligible school can be found on IRS Publication 970. Go to www.fafsa.ed.gov and sear....