Guest irr7342 Posted April 3, 2003 Posted April 3, 2003 My kid is going to college and I'm looking for ways to fund it. I've got a regular IRA with a LOT of money in it and a Roth IRA with a little money in it. Can I use the funds in my regular IRA to pay for college and not have to pay taxes on the $? Can I use the funds in my Roth IRA to pay for college and not have to pay taxes on the $? Does the 5 year rule apply? Can I convert funds from my IRA to my Roth and then withdraw them from the Roth to pay college costs? Thanks
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now