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Carefully withdrawing funds from a 529 plan is crucial to avoid unexpected taxes and penalties. Understanding who pays taxes on 529 withdrawals is essential. Learn strategies to sidestep the 529 plan penalty and explore alternative savings methods that offer tax advantages, enabling you to save more effectively and reduce your tax burden.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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