Answer: since the other person was no help, it is true.
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.
"<span>The hurricane appears to have started as an atmospheric trough from West Africa, causing unsettled weather in the Caribbean, and emerging into the Florida Straits as a tropical storm on September 5. Owing to contradictory forecasts, the people of Galveston felt no alarm until the official hurricane warning of September 7. Next morning a storm surge of 15 ft (4.6 m) washed over the long, flat island-city which was only 8 ft (2.4 m) above sea level, knocking buildings off their foundations and destroying over 3,600 homes."</span>
Answer:
True
Explanation:
Depreciation expenses for assets that essentially benefit all functions are reported as a separate line item or on the same line as the General Government or similar function.
