The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/roth-ira-use-for-college-15142652.aspx

Subject:  Roth IRA & use for College Date:  6/10/2001  10:47 AM
Author:  lottie01 Number:  51687 of 121100

I am considering the use of Roth IRA money for college expenses for my daughter. This is converted Roth IRA money in its 4th year of spread out tax payment (year 2001). It is allowed to use this money with no penalty? Instead of spending it, could I borrow against it? Please advise.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us