The Problems of Making an Early Withdrawal From Your Self-Directed IRA to Pay Your Kid's Higher Education Costs

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The Problems of Making an Early Withdrawal From Your Self-Directed IRA to Pay Your Kid's Higher Education Costs
With the cost of higher education rising faster than inflation, many families are debating different ideas for trying to finance tuition, room and board, and other college expenses for their kids. In this post we explain some of the downsides of making an early withdrawal from your self-directed IRA to cover these costs.