The People’s Blog

April 11, 2009

What if education costs are less than your Coverdell IRA value?

Filed under: Education In Other Countries — Tags: , , — admin @ 10:36 am
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?

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