Taxation of earnings and withdrawals. 1  Earnings are free from federal income tax if used for qualified expenses before the student turns age 30 (exception for children with special needs). 2  Withdrawals are free from federal income tax if used for qualified expenses.
Features. Glycerine (glycerin), also known as glycerol, is a thick, colorless, odorless, sweet liquid. It is used to sweeten and preserve food, in the production of cosmetics, and in various household products.
Glycerol, also referred to as glycerin or glycerine, is a chemical compound that is a generally nontoxic, sweet-tasting viscous liquid. When we say viscous, this term means that the substance is a liquid with a thick and sticky consistency. The formula for glycerol is C3H8O3. It has 3 carbon (C) atoms, 8 hydrogen (H) atoms, and 3 oxygen (O) atoms. In this image, you can see the appearance of glycerol and its chemical formula and structure. The chemical structure of glycerol shows that each carbon atom is bonded to an -OH group.