Resident Withholding Tax on interest earned will be deducted at the account holder’s elected rate. For Education Investment Plans, Resident Withholding Tax will be deducted in the child’s name and at the child’s current tax rate.
Resident Withholding Tax on interest earned will be deducted at the account holder’s elected rate. For Education Investment Plans, Resident Withholding Tax will be deducted in the child’s name and at the child’s current tax rate.