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Tag Archives: Deposited
Will Money Deposited Into A Collage 529 Savings Plan Be Questioned In A Irs Audit?
I opened a collage 529 savings plan for my child. Several reletives have contributed money to the account. I am worried that the IRS will ask me how a got the money.
Can Ny Child Support Be Deposited Into A College Savings Account If The Payer Asks For It That Way In Court?
A friend of mine just went for a child support hearing. He owes 9 years of back child support. Can he request and have it granted by law that the child support payment be deposited into a college savings account…
What Will Be The Balance In Your Savings Account If $1500 Is Deposited And Allowed To Compound For 20 Year?
What will be the balance in your savings account if $1500 is deposited and allowed to compound for 20 years at 8% with interest being paid annually? How much interest will be earned on the original deposit?
How Much Cash Must Be Deposited In A Savings Account For The Given Situation?
How much cash must be deposited in a savings account (as a single amount) in order to accumulate $50,000 at the end of seven years, assuming that the account will earn 12% interest?