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I inherited a $500,000 IRA. Can I reduce the tax burden by using it for my children’s education? (opens original article in a new tab)

TL;DR

A person inherited a $500,000 IRA and asked if using it for children's education can reduce tax burden.

  • Inherited a $500,000 IRA
  • Asked if it can reduce tax burden by funding children's education
  • Requested help with tax implications

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