IRA Withdrawals for Education
Shelly's question about using retirement accounts for college expenses sparks a discussion on the nuances of withdrawals from traditional IRAs and 401(k)s. While traditional IRAs allow for penalty-free withdrawals for education, workplace plans depend on employer rules. Understanding the tax implications and reporting requirements is crucial, as financial institutions won't track how the funds are used.In this clip
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Answering Your Questions on How to Access Money Before 59.5 | Sean Mullaney
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