Rachel Cohn, Nypd, 60 Days discussed on Todd Schnitt
Out of an abundance of caution. A number of colleges did not allow students to come on campus. As a result, room and board was refunded what you did with that money and where it came from matters. Rachel Cohn, SEPA and managing partner of a cone close up and company says If it came out of a 5 29 account, you have to return it. When you got the reformed you have 60 days to put that money back in the 5 29 point because you didn't spend it on room and bored to come, says the distribution must match the year The money was used. If you don't return the money, Expect attacks belt. Here's why, When you open up a 5 29 College fund for your kids or grandkids, you don't get a tax deduction, but the money grows tax free if you don't want to pay taxes and avoid a 10% penalty on earnings. You have to use it for college expenses on Lee I'm Ellis stacked in Rossini. You are entering the Freedom Hut, A place liberty and patriotism call home shoulder to shoulder to come together. She'll sign to protect America is the Buck Sexton show Buck Sexton joins us now, or CIA analyst former NYPD intelligence officer. Now, Buck Sexton, thistles. Only time that I have a platform to say something and I've had something on my mind. It's affected me in a lot of people that I love. And I'm gonna take a lot of criticism for saying what I'm about to say. But I'm gonna say it anyways, because I feel it needs to be said I was driving by elementary school.