Cost of Education

Discussion in 'Coast Guard Academy - USCGA' started by goldenlion, Jul 8, 2013.

  1. goldenlion

    goldenlion Member

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    Does anyone happen to know what the Cost of Education is for USCGA? I would like to take the money out of my daughter's 529 plan and not have to pay the 10% tax on the distribution.

    I found a similar thread that has the expenses for USAFA: http://www.serviceacademyforums.com/showthread.php?t=23964

    Thanks in advance for your help! I should note that my daughter has already finished her 4/c year.
     
  2. Luigi59

    Luigi59 Banned

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    The 10% additional tax penalty does not apply to distributions made on account of the attendance of the designated beneficiary at a U.S. military academy.

    http://www.irs.gov/publications/p970/ch08.html
     

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