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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: IRA withdrawal for college costs Date:  5/8/2012  12:10 AM
Author:  vkg Number:  305127 of 312188

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.
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