How best to pay child's College, the IRA withdraws or student loans?
Who gives you better deductions tax on tax?
Student loans. Money in your IRA is tax-deferred growth and can not be removed As you are 70-1/2 years. The student gets the benefit of the loan while at university and has a grace period for repayment. After a student graduates http://studentaid.ed.gov/PORTALSWebApp/students/english/repaying.jsp?tab=repaying, leaves school or below time enrollment and a half, he has a period of time before he must begin to repay. This grace period "will be six months for a Federal (FFEL) Stafford or direct loan. Nine months for Federal Perkins Loans A lot depends, of course, on your personal financial situation, the tax bracket when you see a financial advisor and your accountant for more information. S
