1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kvasek [131]
2 years ago
7

A 529 plan can help you save more money than a traditional savings account because...

Social Studies
1 answer:
ryzh [129]2 years ago
3 0

Answer:

Explanation: A 529 Plan is an educational savings plan with tax advantage to the saver and it is also known as legally as a qualified tuition plan.

It is authorized by Section 529 of the Internal Revenue Code and sponsored by state agencies or educational institutions.

It is important to know that the interest generated under the 529 plan is not taxable by government.

Basically the 529 plan is for future educationally qualified expenses.

While a traditional saving account

is a normal savings account where one can save money in and also has the right to withdraw such funds whenever the funds are needed.

A traditional savings plan also generates interest but the interest generated are taxable. The interest generated on this account are usually moderate as the fund s are not held for a long time.

You might be interested in
Your best friend frequently suffers from severe headaches. You have noticed that your friend consumes a great deal of diet cola,
timofeeve [1]

Answer:

Check Explanation.

Explanation:

So, the question is about a research or an experiment on whether the intake of cola causes a lot of or severe headaches. And I will be using myself as the control experiment. Please note that I just did not want to use myself as the control experiment but because the question ask us to. That is the use of "single case design" which means that the person performing the experiment must use himself or herself as the control experiment instead of using another person.

Step one => I will make sure to know how often or how many times I do do get headaches.

Step two => I will then stop taking the cola, but after sometimes I will continue taking the cola back.

Using the single case design, I can test for my Hypothesis using the following steps;

For step two above, if during the period that I stopped taking cola, I did not have any headache and immediately I start taking the cola I started developing headaches, then

it is true that the artificial sweetener in the cola is responsible for the headaches.

To the second part of the question; I expect to find that that the artificial sweetener in the cola is responsible for the headaches.

My conclusion will be that the artificial sweetener in the cola is responsible for the headaches.

4 0
3 years ago
What type of an industry is
Margaret [11]

Answer:

1. chemical industry is the industry that includes companies or machines to produce chemicals.

2. the industry that works on producing various types of cements is cement industry

3. the industry that produces substances which supplies the required chemicals for plant growth is fertilizing industry.

3 0
3 years ago
What is the first great African civilization and why was it successful.
Gnoma [55]

Answer:

Europeans

Explanation:

They got lots of wealth, spices, and trading routes

5 0
3 years ago
Read 2 more answers
Why is it difficult for the federal government to make large cuts in spending?
Ilia_Sergeevich [38]

The largest part of government spending is fixed and cannot be easily reduced was the reason behind the difficulty for the federal government to make large cuts in spending.

<h3><u>Explanation: </u></h3>

The US budget allocation is divided into different categories and more than half is for mandatory spending which the government cannot alter easily. Examples include social security and medical care, and to show the spending example in 2017 Financial year, Medical care spent 27% of spending costs and Social security spent 24% while other departments and agencies spent a maximum of 15%.

Payment for mandatory expenditures should meet criteria specified by the law while discretionary payments are renewed annually as part of the budget and planning process.                                                                                                                                                                                                                                                                    

7 0
3 years ago
Ingrid's fear of public speaking is a major reason why she has avoided certain types of jobs, but she never tells people about i
german

The above scenario is  an example of the  hidden area.

<h3>What is an Hidden area?</h3>

This area is known to be a kind of information that one do hide from others.

In this scenario, the information is said to be only known to you but the others are said to not known to this information. The reason for this is due to the fact that the information might be a kind of personal one to you.

learn more about hidden area from

brainly.com/question/4488692

4 0
2 years ago
Other questions:
  • Danielle is playing Trivial Pursuit and is asked to name the title of a classic TV show based around castaways on an island. Dan
    9·2 answers
  • What inference can be made from the text "R.M.S. Titanic"?
    15·1 answer
  • What new political party formed as a result of the fight over slavery in the mid-1800s? A. Whig B. Green C. Democratic D. Republ
    14·2 answers
  • A decision which centers on how things get done is a(n) Select one:
    5·1 answer
  • During a contract negotiation, the management of Wild Mist Inc. and its employee union fail to reach an agreement on an issue re
    6·1 answer
  • Where did President Jackson want to resettle the Indians of the south?
    10·1 answer
  • Ano ang mamaybay/what is them coast
    8·2 answers
  • During the concrete operational period mental capacity expands to allow for reversibility and _____, which means to simultaneous
    9·1 answer
  • What is an imaginary axis and orbit?​
    8·2 answers
  • Known for his work with alcoholic systems, david treadway suggests that a common coping mechanism for children in such systems i
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!