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Subject:  IRA withdrawal for college costs Date:  5/4/2012  10:52 PM
Author:  johnpius Number:  305119 of 312185

I have a $40K IRA set up to pay off sons student loans. Loans currently at 7.3%. Should I take IRA out (without penalty for ed expenses) or hold IRA which made 11% last year. Son is Jr in college with two years to go. If I withdraw, should I have them withhold taxes up front, or save $ between now and Apr '13 to pay additional taxes? Any suggestions appreciated.
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