There are exceptions to the early withdrawal penalty, but if you husband is 59 1/2 or older, that penalty does not apply. There is no tax break for withdrawing IRA funds to pay for health care, but there are deductions for health care expenses. In order to take the deduction you must itemize, and you can only deduct the amount of expenses that exceed 7.5% of your Adjusted Gross Income (AGI).
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