serranomiraysi serranomiraysi
  • 23-05-2018
  • Business
contestada

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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