cki3456
Level 1
12-21-2021
06:29 PM
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Hello:
I have some questions about the 529 plan.
1) If I become permanently disabled, can I withdraw the principal only tax free (similar to a roth IRA where principal withdrawals are not taxed)?
2) If a disability withdrawal is taxed, is the entire withdrawal taxed or only the earnings?
3) Is the disability withdrawal subject to both state and federal taxes?
Thank You