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What is the Fast Market Rule? The fast market rule is something that is used in the U.K. to keep the market under control when any sort of crash ha...
What is the Dow Jones Industrial Average? The Dow Jones Industrial Average is usually just called the Dow. It’s an average of 30 of the most well...
What is Arbitrage? Arbitrage is a trading strategy used to make risk-free money. The investor buys a security in one market and sells it in another...
Finance: What is a 529 Savings Plan? 4 Views
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What is a 529 Savings Plan? A 529 Savings plan is a tax savings plan to set aside funds for a designated beneficiary’s college education and higher education additional degrees, and as of 2017, private high school tuition. Funds can only be withdrawn and utilized for educational expenses or otherwise be subject to tax plus a 10% penalty fee.
What is a 529 Savings Plan? A 529 Savings plan is a tax savings plan to set aside funds for a designated beneficiary’s college education and higher education additional degrees, and as of 2017, private high school tuition. Funds can only be withdrawn and utilized for educational expenses or otherwise be subject to tax plus a 10% penalty fee.
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