You'll need to sign in or create an account to connect with an expert.
The 10% early distribution penalty exclusion for a first time home purchase is only when the distribution is from an IRA.
Using funds from the 403(b) are not an exception to the early withdrawal penalty.
And just to be clear, a 403(b) is not an IRA.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
freddytax
Level 3
ssptdpt
New Member
in Education
Rhkjr
New Member
MCS-57
New Member
23crazyagnes
New Member