Economic Stimulus and the 10% Pre-59 1/2 Penalty

L1: Economic Stimulus and the 10% Pre-59 1/2 PenaltyAs part of the Economic Stimulus Package, does the IRS now allow a penalty-free distribution from IRA/Qualified Accounts for IRA account holders under the age of 59 1/2 for a period of time?2009-09-03 15:32, By: Planner1, IP: [12.184.112.11]
L2: Economic Stimulus and the 10% Pre-59 1/2 PenaltyNo.
There were no newly added penalty exceptions, but the existing Sec 72 exceptions remain in effect and there are quite a few of them, some applying only to IRAs and others only to qualified plans.2009-09-03 18:31, By: Alan S., IP: [24.116.165.60]