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Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

545.0. "Tap IRA for first time home?" by EPS::MEGA () Wed Aug 11 1993 10:50

Didn't see this under other IRA topics...

Is it true that first time home buyers can tap into their IRA for the purchase
of a new home, without penalty?  Or is this just an idea that was proposed
legislation?

Thanks
- Chris
T.RTitleUserPersonal
Name
DateLines
545.1...don't think so.ALFAXP::S_SOVEREIGNWed Aug 11 1993 15:218
Wasn't true for '92.

Haven't heard anything to make me think it will be true for '93.

Any chance this might be an "American Legend"?


SteveSov
545.2no-noWMOIS::ZEINERFri Aug 13 1993 12:063
    Not true, there are no changes for 93 in this regard!
    
    RON