- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
No, paying off a student loan is not a qualified education expense for the purpose of reducing or eliminating an early distribution penalty.
You would have needed to use the IRA funds to pay the tuition, fees, or related expenses for an eligible student.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 27, 2025
4:52 AM