Due to a medical condition requiring surgery and therapy, I’ve not been able to work and had to draw from an IRA at age 57 so can I avoid EW penalties?

I had a medical disease which didn’t allow me to work for about a year. I have documented medical records supporting this issue. I had to draw off an IRA early and want to avoid penalties.

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Unfortunately, no. You can only avoid penalties on the amount that were used to pay medical bills in excess of 7.5% of your AGI

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I just withdrew contributions from my ROTH IRA before the 5-year maturity requirement. Can I repay this back to my ROTH now to avoid paying the 10% penalty?

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Due to a medical condition requiring surgery and therapy, I’ve not been able to work and had to draw from an IRA at age 57 so can I avoid EW penalties?

Due to a medical condition requiring surgery and therapy, I’ve not been able to work and had to draw from an IRA at age 57 so can I avoid EW penalties?

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Due to a medical condition requiring surgery and therapy, I’ve not been able to work and had to draw from an IRA at age 57 so can I avoid EW penalties?

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Due to a medical condition requiring surgery and therapy, I’ve not been able to work and had to draw from an IRA at age 57 so can I avoid EW penalties?

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