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Does caring for a permanently disabled adult dependent qualify as an exception from the early distribution tax?
My wife (age 53) took a leave of absence from her job and took a total distribution from her retirement account to care for our dependent, recently totally disabled son. Would this qualify as an exception to the early distribution tax penalty?
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June 6, 2019
4:19 AM
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Retirement tax questions
Unfortunately no it would not qualify for an exception to the early distribution penalty.
June 6, 2019
4:19 AM