serranomiraysi serranomiraysi

23-05-2018
Business

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How many times per year can a 529 plan account holder move funds from one plant to another?

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MrsTriplet MrsTriplet

01-06-2018

How many times per year can a 529 plan account holder move funds from one plant to another? A 529 plan older is able to make one-tax free move of their plan within a 12-month period. If the plan older decided to make more moves within the 12-month period they are considered a non-qualified distribution and there is also a penalty on the earnings as well as federal taxes imposed.

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considinekassie considinekassie

13-07-2018

They are able to move their funds one time every 12 months

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