Penalty waiver for early withdrawals to avoid foreclosure

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  • appelman
    replied
    It's a bit more than a proposal.

    See:

    http://thomas.loc.gov/cgi-bin/bdquery/z?d111:SP00830:


    But it seems to have fallen by the wayside in our dysfunctional Congress.

      Leave a comment:

    • Bees Knees
      replied
      Not yet. It is still only a proposal, as far as I know.

        Leave a comment:

      • appelman
        started a topic Penalty waiver for early withdrawals to avoid foreclosure

        Penalty waiver for early withdrawals to avoid foreclosure

        Does anyone know whether the proposed legislation has ever been enacted that would waive early-withdrawal penalties when funds are withdrawn from an IRA or other retirement account to prevent foreclosure on a residence?
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