Hal_Al
Level 15

Get your taxes done using TurboTax

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/