Answer:
it is a tax free.
Explanation:
A 529 plan is a saving plan in the United States. special made for the students. It is tax-advantaged savings investment which is designed to encourage people to save for the expenses to be needed in the future higher education meant for a designated beneficiary.
Although the contributions from 529 plan is not deductible, but the earnings from the 529 plan is federal tax free and when the money is taken out to pay the expenses for higher education in college, it will not be taxed.
Thus, in this way a 529 plan is more helpful to save money as it is free from tax than a normal savings bank account.
Answer: L takes out a life insurance policy and dies 10 years later. During the claim process, the insurer discovers that L had understated her age on the application. Under the Misstatement of Age provision, the insurer will adjust the death benefit to a reduced amount.
A life insurance policy which ensures that the premium will be paid if the insured becomes disabled has Waiver of premium attached to it.
Explanation:
Answer: Because it was so long and detailed.
That is my answer. GOOD LUCK
Answer: The United States is composed of states, possessions, territories, and a federal district, each with varying numbers of subdivisions. The principal administrative division of a country might be called the “first-level (or first-order) administrative division “ or “first administrative level.”
Explanation:
Flash and flaslight that what i have on my phone
