Join Early Retirement Today
Thread Tools Search this Thread Display Modes
EIRA or 529 plan first?
Old 12-09-2007, 02:46 PM   #1
Thinks s/he gets paid by the post
Spanky's Avatar
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,455
EIRA or 529 plan first?

Is there any difference between withdrawing from Educational IRA or 529 plan first?
Spanky is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 12-09-2007, 04:47 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
youbet's Avatar
Join Date: Mar 2005
Location: Chicago
Posts: 13,023
Originally Posted by Spanky View Post
Is there any difference between withdrawing from Educational IRA or 529 plan first?
If you are paying for private elementary or high school, the Coverdell will not be taxed. I don't think the 529 will allow you to do that.
"I wasn't born blue blood. I was born blue-collar." John Wort Hannam
youbet is online now   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Savings bonds -> 529 twaddle FIRE and Money 11 12-11-2007 01:10 PM
Which 529? JohnDoe FIRE and Money 12 11-02-2007 08:15 AM
Do you recommend 529 Plans? MikeK Young Dreamers 13 01-22-2007 10:16 AM
Quick 529 College Plan Question TromboneAl FIRE and Money 3 11-29-2006 02:14 PM
Using a 529 Plan for real estate investment Outby7 FIRE and Money 5 02-19-2006 07:50 AM

» Quick Links

All times are GMT -6. The time now is 09:27 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.