Common use of First-time homebuyer Clause in Contracts

First-time homebuyer. You may take payments from your IRA to use toward qualified acquisition costs of buying or building a principal residence. The amount you may take for this reason may not exceed a lifetime maximum of

Appears in 10 contracts

Samples: Ira Kit Agreement, Ira Kit Agreement, Ira Prototype Plan Agreement

AutoNDA by SimpleDocs

First-time homebuyer. You may take payments from your SIMPLE IRA to use toward qualified acquisition costs of buying or building a principal residence. The amount you may take for this reason may not exceed a lifetime maximum of

Appears in 3 contracts

Samples: Simple Ira Custodial Account Agreement, Account Agreement, Account Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!