Glossary

1 5 A B C D E F G H I L M N P Q R S T U W Y
1 5 A B C D E F G H I L M N P Q R S T U W Y

D

  • Direct-Sold

    A direct-sold 529 plan is sold directly by a state rather than by a financial professional.

  • Distribution

    A distribution from a 529 plan is a withdrawal of funds by an account owner from an account in the 529 plan. Distributions can be qualified or non-qualified, which determines whether the earnings portion of the distribution must be reported as taxable income and whether it is subject to a tax penalty.

  • Dynamic Investment Portfolio

    A dynamic investment portfolio changes its asset allocation over time. A year of enrollment portfolio is an example of a dynamic investment portfolio. See also: Year of Enrollment Portfolio.

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