Does first time homebuyer in 2016 qualify for exception to early withdrawal penalty of roth ira in 2018?

posted

Connect with an expert

1 Best answer

Accepted Solutions

Does first time homebuyer in 2016 qualify for exception to early withdrawal penalty of roth ira in 2018?

No. You can't have a distribution in one year and apply the exception in another.

View solution in original post

2 Replies

Does first time homebuyer in 2016 qualify for exception to early withdrawal penalty of roth ira in 2018?

No.

Does first time homebuyer in 2016 qualify for exception to early withdrawal penalty of roth ira in 2018?

No. You can't have a distribution in one year and apply the exception in another.

Still have questions?