@dmertz Your reply made me re-think my math.I was *not* including income tax on the excess 529 earnings in my calculation (only the penalty).Once I include the ...
Awesome.You're certainly knowledgable.Crunching the numbers, applying 10k of expenses to the IRA saves $1000.Applying it to the 529 withdrawal only saves $400 (...
OK - I agree with your first part answer.However, the information I think you're missing is that our total expenses were 55k (tuition, room&board, 2 kids in col...
Ok Great answer.Really appreciated. Final Comment -I'm my real word scenario, I have a 40k IRA withdrawal and 25k 529 withdrawals.I know I can trace 30k of expe...