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Simple IRA withdrawal for higher education
I took an early withdrawal from a Simple IRA and entered 100% Higher Education. Turbo Tax is telling me I still have to pay the 10% penalty.... However, according my my research... Both traditional and Roth IRAs allow you to withdraw money for qualified higher education expenses before age 59.5 without incurring the 10 percent early withdrawal penalty
‎February 4, 2025
1:21 PM