What if education costs are less than your Coverdell IRA value?
Posted by admin on January 5th, 2010
DCPete27 asked:
If the education IRA and 529 plan I have for my son grows in value such that all education expenses are completely covered, what happens with the remainder? If there is a penalty, what is the rate?
If the education IRA and 529 plan I have for my son grows in value such that all education expenses are completely covered, what happens with the remainder? If there is a penalty, what is the rate?
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