lh93
New Member

IRA withdrawal for education with student loan at the same time

I wouldn't normally consider this but, I want to increase the liquidity of my assets during this time of uncertainty. 

 

I'm in grad school and have already taken out student loans for my qualified education expenses. I also have an IRA and I know that I can withdraw without penalty to pay for qualified education expenses. 

 

Can I withdraw from my IRA to cover qualified expenses, even though I've already taken the student loan money?