The interest from this type of bond is tax-free if you redeem it to pay for a higher education expense.
Investment dictionary. Academic. 2012.
Qualified Higher Education Expense — Expenses such as tuition and tuition related expenses that an individual, spouse, or child must pay to an eligible post secondary institution. These expenses are important because they can determine whether or not you can exclude the interest off … Investment dictionary
Savings and loan crisis — The savings and loan crisis of the 1980s and 1990s (commonly referred to as the S L crisis) was the failure of 747 savings and loan associations (S Ls) in the United States. The ultimate cost of the crisis is estimated to have totaled around… … Wikipedia
Canada Learning Bond — The Canada Learning Bond (CLB) is a grant paid by the government of Canada to assist low income families with saving money for their children s post secondary education. The CLB relies primarily on the National Child Benefit (NCB) program to… … Wikipedia
529 Savings Plan — A tax advantaged method of saving for future college expenses that is authorized by Section 529 of the Internal Revenue Code. The plan allows an account holder to establish a college savings account for a beneficiary and use the money to pay for… … Investment dictionary
Nintendo World Championships — The Nintendo World Championships was a 1990 Nintendo promoted video game competition that toured twenty nine cities across the United States. It was based on scoring points in three Nintendo Entertainment System games (Super Mario Bros., Rad… … Wikipedia
Alexander Hamilton — Infobox US Cabinet official name=Alexander Hamilton order=1st title=United States Secretary of the Treasury term start=September 11, 1789 term end=January 31, 1795 president=George Washington predecessor=(New office) successor=Oliver Wolcott, Jr … Wikipedia
South Arkansas Community College — (SouthARK) is a public, two year institution located in El Dorado, Arkansas with an open door policy, providing educational programs, services, and resources for the residents of Union County and the surrounding area. With a philosophy that… … Wikipedia
Myrna Hansen — Born August 5, 1934 (1934 08 05) (age 77) Occupation Actress Spouse Lee D. Hyatt 1961–1965 (divorced) Myrna Hansen (born August 5, 1934) is Miss USA 1953 … Wikipedia
Economic Affairs — ▪ 2006 Introduction In 2005 rising U.S. deficits, tight monetary policies, and higher oil prices triggered by hurricane damage in the Gulf of Mexico were moderating influences on the world economy and on U.S. stock markets, but some other… … Universalium
United States — a republic in the N Western Hemisphere comprising 48 conterminous states, the District of Columbia, and Alaska in North America, and Hawaii in the N Pacific. 267,954,767; conterminous United States, 3,022,387 sq. mi. (7,827,982 sq. km); with… … Universalium
