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 πŸ”΄πŸ‘‰ Education Saving Account and 529 Plans:

πŸ”΄πŸ‘‰ Education Saving Account and 529 Plans:

In 2020, newly qualified uses of 529 funds include paying off the costs of apprenticeship programs and up to $10,000 total in student loan debt.Penalty-Free Retirement Withdrawals: taxpayers under age 59Β½ were allowed to withdraw up to $100,000 from their 401(k) or IRAs without incurring an early withdrawal penalty, and to prevent it been taxed as ordinary income you can replace those withdrawals in the 401(k) or IRA within three years.

☎ If you need more information, please contact us at (954) 442-8771

http://www.cpcaccounting.com/

Pembroke Pines – FloridaOrlando – Florida.

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