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For Merlo I have another question for you. Does it matter

For Merlo I have another question...
For Merlo

I have another question for you. Does it matter what I withdraw the money for? For example I want to withdraw some money for some home repairs and to put a down payment on amother house
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Answered in 2 minutes by:
8/1/2009
Merlo
Merlo, Accountant
Category: Tax
Satisfied Customers: 9,783
Experience: 25+ years tax consulting. Specializing in returns for US citizens living abroad
Verified
Hello againCustomer

No, it absolutely does not matter what you use the money for.

If you are considered to be totally and permanently disabled, then you may make penalty free withdrawals in whatever amounts you wish and you may use the money for any reason you choose. The 10% early withdrawal penalty will not apply.

If this was helpful please press the Accept button. Positive feedback is also appreciated.

Thank you againCustomer and let me know if you have more questions.

Merlo
Merlo, Accountant
Category: Tax
Satisfied Customers: 9,783
Experience: 25+ years tax consulting. Specializing in returns for US citizens living abroad
Verified
Merlo and 87 other Tax Specialists are ready to help you
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Customer reply replied 8 years ago
Thanks again Merlo :)
Thank you.

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Merlo
Merlo
Merlo, Accountant
Category: Tax
Satisfied Customers: 9,783
9,783 Satisfied Customers
Experience: 25+ years tax consulting. Specializing in returns for US citizens living abroad

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