We have a son in college and would like to withdraw funds to pay for his tuition. Is there a penalty for this?
ScottGem
Oct 4, 2007, 06:59 AM
Withdraw from what?
ballengerb1
Oct 4, 2007, 07:40 AM
If you take money out of savings or money market, no problem. However, if you pull from an IRA or other tax shelter you will face a penalty. Get back to us with additional details.