d. Nonverbal communication can be interpreted differently by different people and in different … The 529 plan is a college savings plan, and there are several tax benefits that may apply. B) a beneficiary of a 529 plan may also be the beneficiary of a Coverdell Education Savings Account.
Age. a. Which of the following is a characteristic of the 529 plan that makes it different from the Coverdell Education Savings Account? Which of the following statements is not true?
Top Answer . A 529 savings plan is a special investment that is specifically designed to help you pay for your child's education. ... Let’s have a look for different types of play. -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.
2014-11-30 14:57:39 2014-11-30 14:57:39. A popular method of saving for college is the 529 plan, with most states in the Union offering at least one option. Wiki User. Characteristics of Drama. When thinking about the characteristics of services, intangibility may come to your mind first. Nonverbal communication is subject to interpretation.
With a 529 plan, your college savings grows tax-deferred and you pay no federal tax on withdrawals for qualified higher education expenses. C. The beneficiary can be changed to another family member. C) earnings accumulate tax free if the money is used for qualified educational purposes. A. Service intangibility means that services cannot be seen, tasted, felt, heard or smelled before they are bought. D. Anyone can open an account for the beneficiary. 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. c. Nonverbal communication is less finite and rigid than language. All of the following statements regarding 529 plans are true EXCEPT: A) anyone can make a contribution on behalf of a beneficiary. There is no age limit for disbursement of funds. Withdrawals are not federally taxed. 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. As of 2018, withdrawals are no longer limited to post-secondary education expenses and can also include K – 12 private school education. 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.
You are protected under the Equality Act 2010 from these types of discrimination. There are four different characteristics when it comes to photosynthesis. The money you put into the plan is invested, and as it grows this increase is not taxed.