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Level 1
October 30, 2024
Question

New home owner

  • October 30, 2024
  • 1 reply
  • 14 views

Just bought my first house this year, and payed 90,000 down from cashed in investments in stocks. With being a first time home owner, will I still have to pay penalties on cashing in that investment?

    1 reply

    Level 15
    October 30, 2024

    What kind of investments?   Did you take money from a retirement account or some other kind of brokerage account?   How old are you?   Are you older than 59 1/2?   

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**