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URL:  https://boards.fool.com/worst-case-you-take-the-money-out-and-pay-the-31132004.aspx

Subject:  Re: Implications of Investing For A 7 Month Old Date:  2/22/2014  12:21 PM
Author:  foo1bar Number:  120181 of 129195

Worst-case, you take the money out and pay the 10% penalty.
Hm - guess I have to take that back.
If scholarship is why you are doing a non-qualified withdrawal, you don't pay the 10% penalty.
http://www.savingforcollege.com/questions-answers/article.ph...
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