or (c)(2)(A) of section 3 of such Act. (II) Distributions from Roth IRA The tax imposed by clause (ii) shall apply to a rollover distribution from an account under the Federal 401Kids Account program pursuant to section 3(c)(1)(A)(iii) of the 401Kids Savings Account Act of 2024 in the same manner as a rollover distribution from an account under a 401Kids Account Program pursuant to subparagraph (A)(ii)(III). (E) Qualified expenses For purposes of this paragraph— (i) In general The term qualified expenses means amounts paid or incurred by an individual— (I) as payment or collateral required for a loan guaranteed by the Small Business Administration or the United States Department of Agriculture Rural Development or other small business loan as determined by the Secretary, pursuant to the rules determined under clause (iii), (II) as qualified acquisition costs (as defined in section 72(t)(8)(C)) with respect to a residence intended to be the primary residence of the individual, (III) for qualified higher education expenses of the individual at an eligible educational institution, or for other post-secondary educational expenses in an accredited degree-granting program or expenses for obtaining a trade certificate, as provided by the Secretary in consultation with the Secretary of Education, or (IV) after the date the individual on whose behalf the account was established attains age 59½, for any purpose. (ii) Certification Except in the case of qualified expenses described in clause (i)(IV), the individual shall certify on the return of tax, in such manner as the Secretary shall prescribe, the qualified expenses paid or incurred by the individual during the taxable year. (iii) Small business loans The Secretary shall prescribe rules or other guidance, or shall certify a process, for determining whether a loan shall be taken into account under clause (i)(I). (5) Eligible individual For purposes of this subsection— (A) In general The term eligible individual means a child who has not attained age 18 and is a citizen