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Assets held in a Coverdell Education Savings Account that are not used by education purposes: become fully taxable when distributed. are subject to a 10
- Assets held in a Coverdell Education Savings Account that are not used by education purposes:
- become fully taxable when distributed.
- are subject to a 10 percent penalty when distributed.
- are eligible to be rolled over into a Roth IRA.
- II only
- I and II only
- II and III only
- I, II, and III
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