A 529 plan is a tax-advantaged investment vehicle in the U.S. designed to encourage saving for the future higher education expenses of a designated beneficiary. Top Answer . D. Anyone can open an account for the beneficiary. Characteristics of Drama. All of the following statements regarding 529 plans are true EXCEPT: A) anyone can make a contribution on behalf of a beneficiary. a. 3.4 9 votes 9 votes Rate!
B) a beneficiary of a 529 plan may also be the beneficiary of a Coverdell Education Savings Account. A 529 savings plan is a special investment that is specifically designed to help you pay for your child's education. What is a characteristic of the 529 plan that makes it different from the Coverdell Education Savings Account? Nonverbal communication can be turned off. Service intangibility means that services cannot be seen, tasted, felt, heard or smelled before they are bought. ... Let’s have a look for different types of play. Wiki User. B. Which of the following statements is not true?
There is no age limit for disbursement of funds.
c. Nonverbal communication is less finite and rigid than language. When a character secretly makes a remark to the audience and the other characters cannot listen. As of 2018, withdrawals are no longer limited to post-secondary education expenses and can also include K – 12 private school education.
The phonebook is updated with pictures of … Comments: Solid performance and relatively low fees make this plan a winner for most investors, regardless of what school is attended. So, it would seem that a custodial 529 plan and a regular 529 plan owned by the student’s parent have the same impact on eligibility for need-based financial aid, with the only difference occurring when a regular 529 plan account is owned by someone other than the student or parent. Age. With a 529 plan, your college savings grows tax-deferred and you pay no federal tax on withdrawals for qualified higher education expenses. d. Nonverbal communication can be interpreted differently by different people and in different …
-Section 529 plans are qualified plans whose purpose is to provide a way to save and invest in a tax-favored way for a child's college education.-State prepaid tuition plans are usually limited to state residents and apply to in-state public universities or colleges. Please update the question so we can better assist you. Nonverbal communication is subject to interpretation. Withdrawals are not federally taxed. C) earnings accumulate tax free if the money is used for qualified educational purposes. A. Intangibility – Characteristics of Services. The money you put into the plan is invested, and as it grows this increase is not taxed. 2014-11-30 14:57:39 2014-11-30 14:57:39.
They are the following: predator, prey, decomposition, and food chain.
Rate! A popular method of saving for college is the 529 plan, with most states in the Union offering at least one option. There are four different characteristics when it comes to photosynthesis. An online service allows users to integrate their phonebook with their social media profiles and stores it on the cloud.
When thinking about the characteristics of services, intangibility may come to your mind first. See our advice and guidance on age discrimination. Which of the following is a benefit of a 529 plan Answer: Many plans have a low mounthly contribution requirement APEX 2 See answers Answer 3.4 /5 6. bireland203 +14 kvargli6h and 14 others learned from this answer Hello, seems like you've posted stuff incorrectly.