Final answer:
Broker Joe can use the earnings from an IREBEA to pay for his accounting education tuition.
Step-by-step explanation:
Yes, Broker Joe can use the earnings from an IREBEA to pay for his accounting education tuition. An IREBEA is an Individual Retirement Education Bonds Education Account, also known as a Coverdell Education Savings Account. It is a tax-advantaged investment account specifically designed to help individuals save for education expenses. The earnings and withdrawals from an IREBEA can be used to pay for qualified education expenses, such as tuition, books, and supplies.