Sentence examples for withdrawn to pay from inspiring English sources

If money is withdrawn to pay tuition or other expenses, taxes will not have to be paid on the earnings.

Earnings in the account are exempt from federal tax, provided the money is withdrawn to pay for tuition or certain expenses for college or graduate school.

The savings are withdrawn to pay hospital bills, for surgery and other procedures, and goes into consolidated funds when people die.

The amount is not deductible from income, but the growth of the investment is tax free if the money is withdrawn to pay tuition bills.

Earnings in a 529 account are exempt from federal tax, provided the money is withdrawn to pay for tuition or certain expenses for college or graduate school.

The contributions to the accounts will be tax deductible, the money will accumulate year after year tax free, and it can be withdrawn to pay for a variety of medical expenses.

If you have savings within a 529 plan that you need to withdraw to pay for college, you can ask the plan administrator to issue a check to the account owner, the student, or the school.

If he put that money into a Roth I.R.A., the principal, which is not subject to tax, could be withdrawn to help pay tuition.

In an effort to encourage people to take advice, George Osborne announced in last month's budget that the government will consult over the introduction of a "pensions advice allowance" to allow people to withdraw savings to pay for regulated advice.

The complaint charges that in 2008, Ms. Fan issued a check for $200,000 from the federal lunch money account to make personal condominium payments, and also withdrew $110,000 to pay her personal income taxes.

So borrowers can withdraw enough to pay off these types of obligations, plus another 10 percent of the maximum allowable amount (in this case that's an extra $20,000, or 10 percent, of $200,000).