Tris919
New Member

We are withdrawing from a PERA (Colorado) retirement account, and under age 59. Do education expenses qualify in lieu of the 10% tax penalty - like an IRA does?

We are under age 40 and needing to cash the retirement due to job loss.  Being in college, we would like to avoid the 10% IRS penalty and put the funds toward college expenses - IRA does allow this, but I can't find any info to see if PERA Colorado does?