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Alex Ar [27]
3 years ago
13

For which plan or plans is knowing the withdrawal restrictions important

Advanced Placement (AP)
2 answers:
ivanzaharov [21]3 years ago
6 0

knowing the withdrawal restrictions is important for: Both 529 plans as well as the Coverdell Education Savings Account. 


The 529 plans encouraged saving for future college cost and restrict the saver from taking it before they enter a previously agreed age. This form is very similar to Coverdell Education Savings Account, which is a form of investment for college fund which restrict withdrawal before the person whose name written in the saving finished high school

Your rating: Excellent!


Read more on Brainly.com - brainly.com/question/4162338#readmore

hram777 [196]3 years ago
5 0
Knowing the withdrawal restrictions is important for: Both 529 plans as well as the Coverdell Education Savings Account. 

The 529 plans encouraged saving for future college cost and restrict the saver from taking it before they enter a previously agreed age. This form is very similar to Coverdell Education Savings Account, which is a form of investment for college fund which restrict withdrawal before the person whose name written in the saving finished high school
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