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What if I experience a financial hardship and need to withdraw the funds for a purpose other than college expenses?

April 26, 2017college expenses experience financial funds hardship purpose withdraw

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What if I experience a financial hardship and need to withdraw the funds for a purpose other than college expenses?

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You may request a withdrawal at any time. If the funds are not used for qualified expenses, Idaho state, federal, and local income taxes, plus an additional 10% federal penalty tax, will apply to any earnings portion of your distribution.