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529 loan - An Overview

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There are exceptions to the 10% penalty—for instance, In the event the beneficiary gets a scholarship or attends a US army academy. Any earnings would even now be subject to federal revenue tax and any condition and native taxes. A 529 program is technically a custodial account, so an adult https://archerrrmic.spintheblog.com/35630551/the-529-loan-diaries

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