Jeffrey Acklie Insurance Agency

2210 N 91 Plaza
Omaha NE 68134-6022
402-658-6662 phone
402-397-6798 fax

 

Did you know that Uncle Sam has made it easier for you to buy your first home?

Often times one of the biggest obstacles to buying a home is saving enough money for the down payment. So to help you become a homeowner, congress changed the law to make it possible for you to withdraw up to $10,000 from your IRA and $10,000 from your spouse's IRA for a total of $20,000 which you can use to buy, build, or remodel your first home! (See pages 51-53 of IRS Publication 590, http://www.irs.gov/pub/irs-pdf/p590.pdf)

Plus, these qualified distributions are not subject to either regular income tax or the 10% additional tax for early withdrawal, when used to buy your first home!

It's a win-win situation! You get a deduction on your current tax return and have tax free money for the down payment on your first home!

So don't wait - call me! Start your IRA today and you will pay less income tax now, plus accumulate money for the down payment on your first home!

Don't wait, call me today!

 

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