Noidy
Dec 4 2002, 09:51 AM
If you take a distribution from a Roth Contribution IRA to fund qualified higher education for a child and you are younger than 59.5, are the earnings on the Roth taxable? I understand the 10% penalty is waived.
BPickerCPA
Dec 4 2002, 06:37 PM
The earnings are taxable.