A because it gives historical details
Answer: The numbers are 3/2. and 9/10
Explanation:
3 divided by 2 equals 1.5 and 9 divided by 10 equals 0.9
1.5 minus 0.9 = 0.6
Answer
Its 12 months
Explanation
According to IRS, it allows for a single tax-free rollover of a 529 account per beneficiary in a 12-month period. This 12 month rule should not be violated because it can result to a 10% penalty on the earnings. However, transfers across siblings are not considered rollovers.
