Dear Retirement Gurus or Kat: I am now thinking that I would like to change career direction in mid-life. I would like to use my IRA money for my higher education expenses. Lets say I want to get an MBA in finance and avoid the 10% excise tax. What can I consider as room and board? Can my mortgageand food expenses count if I live at home and commute to a State University? If I already have agraduate degree, does that make me ineligible for another advanced degree in another field? Isthere an upper limit as to what I can take out of the IRA if I can go on for more education? Thank you in advance for your help.Dr. Merlot
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra