Exemptions for IRA distribution
If a client who is 42 takes an early distribution to refinance his home after a divorce, can it be labeled as an exception for reasons of the 10% penalty?
If a client who is 42 takes an early distribution to refinance his home after a divorce, can it be labeled as an exception for reasons of the 10% penalty?
Permalink Submitted by Alan - IRA critic on Tue, 2016-06-07 16:43
There is no penalty exception for this situation.