Hal_Al
Level 15

Retirement tax questions

After age 59.5, it's irrelevant what you did with the money*.  Buying a house is not a tax exception, it's only a penalty exception. The 10% early distribution penalty only applies to people under 59.5.

 

*Except rollovers to another plan. After age 70.5, there is a charity contribution exclusion allowed, when done properly.