So for a first time home purchase a person is allowed to withdraw without penalty 10k from an Ira. I believe that amount is outdated and should be increased to 20k as a house is no longer 100k we don’t live in the 80s
Related Topics
| Policy | Replies | Views | Activity | |
|---|---|---|---|---|
| Retirement Funds for Homeownership | 0 | 7 | October 11, 2024 | |
| No more early withdraw tax penalty from retirement accounts | 0 | 30 | November 7, 2024 | |
| Index the homeowners capital gain exemption to inflation | 1 | 10 | November 7, 2024 | |
| No property taxes on retired citizens primary residence | 3 | 35 | November 9, 2024 | |
| Single Family Home Act | 2 | 35 | December 12, 2024 |