How do I take out my Vanguard investment for college without taxes?
Dec 30, 2009 by toripearson19 | Posted in Investing
My grandparents set up a Vanguard investment for me when I was born.
I'll be going to college this spring, and I'm told there's a way to get the money without taxes if it's for school; How?
There are two kinds of accounts.
1. Is an UTMA/UGMA account and anything in it is fully taxable. The account will be invested in either stocks, bonds or mutual funds. If you take a distribution, you will get a 1099-B The 1099-B would
a tax lady | Dec 30, 2009
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