ShmoopTube

Where Monty Python meets your 10th grade teacher.

Search Thousands of Shmoop Videos


Retirement Videos 84 videos

Finance: What is a redemption charge?
7 Views

A redemption charge is a charge applied when you redeem shares of a mutual fund in a deferred commission purchase structure.

Finance: What is the Tax Reform Act of 1986?
4 Views

What was the Tax Reform Act of 1986? Hit play to find out.

Finance: What are Passive Investing and Passive Investors?
2 Views

What are Passive Investing and Passive Investors? Passive investing and passive investors are ones who opt to ride the market out over the long ter...

See All

Finance: What is a 529 Savings Plan? 4 Views


Share It!


Description:

What is a 529 Savings Plan? A 529 Savings plan is a tax savings plan to set aside funds for a designated beneficiary’s college education and higher education additional degrees, and as of 2017, private high school tuition. Funds can only be withdrawn and utilized for educational expenses or otherwise be subject to tax plus a 10% penalty fee.

Language:
English Language

Related Videos

GED Social Studies 1.1 Civics and Government
39792 Views

GED Social Studies 1.1 Civics and Government

Fake News
11936 Views

How do you tell fake news from real news?

Finance: What is Bankruptcy?
260 Views

What is bankruptcy? Deadbeats who can't pay their bills declare bankruptcy. Either they borrowed too much money, or the business fell apart. They t...

Finance: What is a Dividend?
1774 Views

What's a dividend? At will, the board of directors can pay a dividend on common stock. Usually, that payout is some percentage less than 100 of ear...

Finance: How Are Risks and Rewards Related?
589 Views

How are risk and reward related? Take more risk, expect more reward. A lottery ticket might be worth a billion dollars, but if the odds are one in...