| Learning Library Quick Answers Investment Planning |
Answer: Yes. There is a 10% penalty on the earnings plus regular income tax on the earnings. Non-qualified distributions are taxed....
Answer: No. The original contributions can be withdrawn tax and penalty free for any use.....
Question: Is there penalty involved if a client cashes some of his/her 529 monies prior to college? Answer: The funds must be roll....
Answer: You must report your EE bonds. ....
Scenario: A child has $7,000 in an UGMA that is showing a loss. The child is currentlyahigh school senior and will turn 18 in Octo....