On January 20, 1961, the handsome and charismatic John F. Kennedy became president of the United States. His confidence that, as one historian put it, “the government possessed big answers to big problems” seemed to set the tone for the rest of the decade. However, that golden age never materialized. On the contrary, by the end of the 1960s it seemed that the nation was falling apart.
The government would like better to take a number of the cash as a tax, but the remainder may be chosen to be transferred to a different students name, or withdrawn at a penalty to you.
Explanation:
If assets in a very<span> 529 </span>are<span> used for </span>one thing aside from<span> qualified education expenses, </span>you will have<span> to pay </span>each<span> federal </span>financial gain<span> taxes and </span>a tenth<span> penalty on the earnings. (An </span>attention-grabbing aspect<span> note is that if the beneficiary gets a full scholarship </span>to the school<span>, the penalty for taking the </span>money<span> is waived.</span>
He enlightened people and spread the word
A is the answer. Hope this helps!
