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Early withdrawal penalty from IRA to purchase 1ST home? Does the it also apply to 401-k, 403-B plans or other qualified pension plans? My say is no.
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Accountant-ManAnswer
Level 13
December 7, 2019
Exemption from penalty only applies to IRA distributions. But if you took a 401k et al distribution and rolled it into an IRA, and then paid the closing costs from an IRA distribution...
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