Answer:
D. The income generated by a 529 plan is tax deferred.
Explanation:
Going to college can cause a lot of trouble when you're financially unstable or incapable of dealing with college tuitions and other related expenses. This is the reason why the<u> "529 Plan"</u> was made as an offer to those who are trying to save up for college.
<em>The 529 plan has many investment options.</em> It allows a person to invest without worrying about federal income taxes, since the investment is not subjected to it. So, this means that the investment grows annually because it is tax-deferred. Withdrawals which are related to educational expenses are also tax-free. Withdrawals which are non-related to education are subject to a 10% penalty depending on the person's gains.
Answer:
Perpendicular
Step-by-step explanation:
The lines intersect at (0.4,13.2)
1,1,1,1,1
1x3=3
3-2=1
1x3=3
3-2=1
Answer:
C)4
Step-by-step explanation:
If the number is divisible by 9 the sum of its digit must be divisible by 9.
52,34p
Solution:
5+2+3+4+p=14+p
If we add 14 to 4
14+4=18
p=4
