If you were listening he said that it was only if they had no other way to pay there mortgage then he would let them take money out up to $10,000 with having to pay a penalty on the withdrawal or having to pay taxes on it for 2 years. Right now if someone has no other way to pay their mortgage and they take the money from the account they have to pay an early withdrawal penalty as well as paying taxes on the money. The penalty that you have to pay depending on who you have the account with can be far more then having to pay the taxes 2 years later.
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Who won the debate?
Who won the debate?