To amend the Internal Revenue Code of 1986 to provide that distributions from an IRA for higher education expenses are exempt from the 10-percent early distribution tax even after annuitization of account.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code, with respect to the treatment of IRA distributions for higher education expenses after the annuitization of the account, to provide that distributions from an IRA for higher education expenses shall be exempt from the 10-percent early distribution tax even after annuitization of the account.…