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02-04-2009, 11:35 PM
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Registered User
Join Date: Feb 2009
Posts: 1
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Early IRA Distro Definition
Got it - early IRA distro can used penalty-free for first time homebuyer for expenses related to "buying, building, or rebuilding" a home. I'm planning to buy a home in need of significant overhaul - needs new HVAC, delapidated pool fence (i.e. safety hazard), et al. These items go beyond routine maintenence and are not cosmetic/optional. Would replacing these key system/structure items qualify for use of these funds?
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