Coverdell IRA value?

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peterdasaa
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Joined: Thu Feb 05, 2009 2:22 am

Coverdell IRA value?

Post by peterdasaa » Sat Feb 07, 2009 5:04 am

What if education costs are less than your Coverdell IRA value? If the education IRA and 529 plan I have for my son grows in value such that all education expenses are completely covered, what happens with the remainder? If there is a penalty, what is the rate?
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