First-time homebuyer. You may take payments from your Xxxx XXX to use toward qualified acquisition costs of buying or building a principle residence. The amount you may take for this reason may not exceed a lifetime maximum of $10,000. The payment must be used for qualified acquisition costs within 120 days of receiving the distribution.
Appears in 17 contracts
Samples: Roth Ira Account Application & Agreement, Customer Account Agreement, Roth Ira Account Application & Agreement
First-time homebuyer. You may take payments from your Xxxx XXX to use toward qualified acquisition costs of buying or building a principle principal residence. The amount you may take for this reason may not exceed a lifetime maximum of $10,000. The payment must be used for qualified acquisition costs within 120 days of receiving the distribution.
Appears in 2 contracts
Samples: Individual Retirement Custodial Account Agreement, Traditional Ira Adoption Agreement
First-time homebuyer. You may take payments from your Xxxx XXX to use toward qualified acquisition costs of buying or building a principle principal residence. The amount you may take for this reason may not exceed a lifetime maximum of $10,000. The payment must be used for qualified acquisition costs within 120 days of receiving the distribution.. 8) IRS levy. Payments from your XXX made to the
Appears in 1 contract
Samples: Ira Plan Agreement
First-time homebuyer. You may take payments from your Xxxx XXX to use toward qualified acquisition costs of buying or building a principle principal residence. The amount you may take for this reason may not exceed a lifetime maximum of $10,000. The payment must be used for qualified acquisition costs within 120 days of receiving the distribution.. 8) IRS
Appears in 1 contract
Samples: Roth Ira Plan Agreement
First-time homebuyer. You may take payments from your Xxxx XXX to use toward qualified acquisition costs of buying or building a principle residence. The amount you may take for this reason may not exceed a lifetime maximum of $10,000. The payment must be used for qualified acquisition costs within 120 days of receiving the distribution.qualified
Appears in 1 contract
Samples: Traditional and Roth Ira Plan Agreement & Disclosure
First-time homebuyer. You may take payments from your Xxxx XXX to use toward qualified acquisition costs of buying or building a principle principal residence. The amount you may take for this reason may not exceed a lifetime maximum of $10,000. The payment must be used for qualified acquisition costs within 120 days of receiving the distribution.. 8) IRS levy. Payments from your Xxxx XXX made to the
Appears in 1 contract
Samples: Ira Plan Agreement & Disclosure
First-time homebuyer. You may take payments from your Xxxx XXX to use toward qualified acquisition costs of buying or building a principle residence. The amount you may take for this reason may not exceed a lifetime maximum of $10,000. The payment must be used for qualified acquisition costs within 120 days of receiving the distribution.. 8) IRS levy. Payments from your Xxxx XXX made to the U.S. government in response to a federal tax levy are not subject to the
Appears in 1 contract
Samples: Roth Individual Retirement Account Custodial Agreement