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EIRA or 529 plan first?
Old 12-09-2007, 02:46 PM   #1
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EIRA or 529 plan first?
Is there any difference between withdrawing from Educational IRA or 529 plan first?
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Old 12-09-2007, 04:47 PM   #2
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Quote:
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.
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