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An education IRA is a tax-advantaged investment account for higher education, now more formally known as a Coverdell Education Savings Account (ESA).
Room and Board (R&B) are qualified expenses for an ESA distribution, if the student is half time or more.
https://www.trustetc.com/blog/coverdell-education-savings-account-qualified-expenses/
‎January 25, 2023
11:04 AM