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| Boat Fishing & Boating A new forum at Striped-Bass.com for those fishing from boats and for boating in general |
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03-30-2011, 06:34 PM
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#1
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DDG-51
Join Date: Mar 2002
Posts: 3,550
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Quote:
Originally Posted by Jim in CT
Good question, and I know the answer. If you withdraw that money for any reason other than college expenses, you (1) have to pay income taxes on the earnings (for which you have not yet paid taxes), and (2) you pay an additional 10% penalty to the feds...
The big advantage of 529 plans is that if you DO use it for college, you never have to pay any taxes on your earnings. You already paid taxes on your contrubutions, but your gains are tax-free if used for college.
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Gracias.
the Duct tape sales is funny ... 
So .... you get the boat yet???? |
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03-30-2011, 02:15 PM
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#2
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Registered User
Join Date: Mar 2004
Location: Candia, NH
Posts: 149
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Simple Solution and you should find it on any boat. DUCT TAPE!
Kids will be safe and you can enjoy the day. LOL
I agree when looking for a boat for fishing I want a high wall to lean on when fishing. It's the first test I do at the boat shows.
Kids are smaller, so there center of gravity is lower too. What looks low to us is not as bad for them.
As everyone has said. If you watch them, and let them know they can fall out, all is good.
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Love Fishing, wish I caught fish more often.
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03-30-2011, 03:31 PM
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#3
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Registered User
Join Date: Oct 2006
Location: Marshfield, Ma
Posts: 2,150
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Quote:
Originally Posted by angler management
Simple Solution and you should find it on any boat. DUCT TAPE!
Kids will be safe and you can enjoy the day. LOL
I agree when looking for a boat for fishing I want a high wall to lean on when fishing. It's the first test I do at the boat shows.
Kids are smaller, so there center of gravity is lower too. What looks low to us is not as bad for them.
As everyone has said. If you watch them, and let them know they can fall out, all is good.
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Couldn't have said it any better myself, now for the selfish plug, I work for a Duct Tape manufacturer. We have it in all colors and patterns to match your boat. Colleges too  |
"I know a taxidermy man back home. He gonna have a heart attack when he see what I brung him!"
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