@dhurley wrote:
I think there is a pretty strong consensus among advisors in the know- but I think I can see why IansDad is so obstinate on the matter. Iansdad makes the mistake of confusing "qualified" Roth withdrawals for "qualified" education expenses. These two qualifieds are not referring to the same thing. "Qualified" roth distributions (post 59.5, death, disability and I think the first time home purchase) are 100% tax-free. Withdrawals for "qualified" education expenses (tuition, etc.) will not be subject to 10% penalty on earnings portion - but WILL be taxable. If Iansdad read his lengthy IRS posting more attentively, he'd see the difference. And since when does someone trust tax advice with an iota of complexity from an IRS 800 customer service#? SIGH!