The Downsides of Making an Early Withdrawal From Your Self-Directed IRA to Pay Your Child’s College Expenses

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The Downsides of Making an Early Withdrawal From Your Self-Directed IRA to Pay Your Child’s College Expenses
With the expense of a college education rising faster than inflation, many families are considering different options for trying to pay for tuition, room and board, and other higher education expenses for their children. In this article we discuss some of the downsides of making an early withdrawal from your self-directed IRA to cover these expenses.