The Motley Fool Discussion Boards

Previous Page

Personal Finances / Credit Cards and Consumer Debt

URL:  http://boards.fool.com/do-not-ever-use-ira-funds-to-pay-student-loans-30026041.aspx

Subject:  Re: IRA withdrawal for college costs Date:  5/8/2012  12:10 AM
Author:  vkg Number:  305127 of 308368

Do NOT EVER use IRA funds to pay Student Loans. Funds in IRAs have statutory protection from creditors, that makes them especially valuable.

When, and if you die, the Student Loans die too!!!


Only if you don't have other assets. Living you life in debt hoping to avoid paying it is foolish plan.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us