Friday, May 1, 2015

Freedom Account Questions

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Due to the number of questions we've received about the Freedom Account, we will be delaying the release of the case development charts until next week. In the meantime, let's take a look at your most popular questions:

1) Do I have to pay taxes on the interest and dividends in my account?
2) How much can I put in my account, and do I have to put the same amount in every year or can I skip years I don't have the deposit?
3) Is there a penalty if I make an early withdrawal?
4) If I borrow against my account, can/do I have to repay the loan?
5) Is my account subject to market fluctuations? 


Add you own questions to this post, and we will answer all questions next week!

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