Legal Question in Tax Law in Florida

Can a graduated student use his/her IRA retirement account to pay back his/her student education loans?


Asked on 3/03/10, 4:38 pm

1 Answer from Attorneys
Leon Ferraez Ferraez, LLC

Yes, but he/she will be taxed and penalized for the IRA distribution (I'm assuming the student is below the retirement age).

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Answered on 3/08/10, 5:44 pm


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