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The amount of money from a 529 college savings plan investment is dependent upon what?
the performance of the market in which its invested
the amount of money from a 529 college savings plan investment is dependent upon?
the performance of the market in which its invested
What is the resource gap?
In economics, resource gap refers to the amount of foreign savings. It is also defined as investment minus domestic savings.
What is the relationship between savings and investment, and how does one impact the other?
Savings and investment are closely connected in the economy. When individuals save money, banks and financial institutions use those savings to provide funds for investments. This means that savings directly impact the amount of money available for investments. In turn, investments help drive economic growth and create opportunities for businesses to expand and create jobs. Therefore, the level of savings in an economy can influence the amount of investment, which in turn affects overall economic activity.
What factors determine that savings in an economy is equal to investment?
In an economy, savings is equal to investment when the total amount of money saved by individuals and businesses is equal to the total amount of money invested in businesses and projects. This balance is influenced by factors such as interest rates, consumer confidence, government policies, and overall economic conditions.
What college savings plan is the best tax advantage for someone just beginning to save with a limited amount of years before college?
A 529 College Savings Plan is a savings account dedicated to college or other educational funds by the IRS with a federally approved tax break. You can contribute directly from you adjusted gross income, and through direct deposit.
Can you claim an investment loss on my thrift savings plan?
No. You already got a write off, in advance, for the whole amount you put into the TSP. You can't have a second one.
The amount of an original investment is called?
the amount of an original investment is called
What is the difference between a savings account and a certificate of deposit?
In a regular savings account, the funds are always available for withdrawl. As a result, savings accounts generally have a low rate of interest. A certificate of deposit is an investment for a specific amount of time. The funds are not available until the certificate has matured, therefore, it has a slightly higher rate of interest than a savings account.
Sending a child to college through savings?
There are a number of ways a person can save for their child to go to college. Simply opening a high interest savings account and putting away a small amount each week or month from when the child is young. College funds can also be set up with major banks such as Bank of America.
How do you calculate a pro rata investment?
To calculate a pro rata investment, divide the amount of money you are investing by the total amount being invested, then multiply that fraction by the total value of the investment. This will give you the proportional amount of the investment that you own.
Is return of investment an income acct?
Yes the amount would be a taxable income amount after your return of investment amounts exceed your cost basis in the investment.
