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I inherited a $500,000 IRA. Can I reduce the tax burden by using it for my children’s education?

MarketWatch· Quentin Fottrell· Jun 17, 2026 · 11:38 AM
I inherited a $500,000 IRA. Can I reduce the tax burden by using it for my children’s education?

“I would like to use my share to help fund college for my three children.”

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