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College Planning & Financial Aid

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  4. Can I use my Roth IRA to pay for my daughter's college costs ?

Can I use my Roth IRA to pay for my daughter's college costs ?

There is currently no provision in the code which allows for distributions from any IRA to pay for college education without incurring severe tax ramifications. We recommend that you consider distributions from your IRA to pay for college costs as your last choice. Explore other options first.

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