Still, withdrawals are tax-free if used for any educational expense, including tutoring, computer purchases or private primary or high school.

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The money grows tax deferred and can be withdrawn tax free if used for "qualified educational expenses, " which include not just college but also private elementary and secondary tuition, tutoring and even a computer.

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The group provided him with a computer, a bed, clothing and tutoring.

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These accounts, which also grow tax-free, can be used to cover not only college but also precollege expenses such as private school, tutoring or the purchase of a computer.

FORBES: A Gift From The IRS

These accounts, which also grow tax free, can be used to cover not only college but also precollege expenses such as private school, tutoring or the purchase of a computer.

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