Does withdrawals from my ira for making mortgage payments go under another reason?

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Does withdrawals from my ira for making mortgage payments go under another reason?

No. Mortgage payments are not an exception to the 10% early withdrawal penalty.

Does withdrawals from my ira for making mortgage payments go under another reason?

If you mean for an exception to the early distribution penalty, then no. There is no exception for mortgage payments. If under 59 1/2 then the penalty will apply.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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