Trump housing plan would let Americans tap 401(k)s for down payments

[Sam480]

https://www.foxbusiness.com/politics/hassett-reveals-trump-housing-plan-would-let-americans-tap-401ks-down-payments

[karna11]

401k loan aa ? 

[Redarya]

51 minutes ago, karna11 said:

401k loan aa ? 

Loan provision already vundi ga. May be no interest loan or penalty free withdrawal emo

[Android_Halwa]

Fourth house konkovadaniki 401k nundi teeyocha  ani dallaspuram muthyams ki question…

[akkum_bakkum]

5 hours ago, Sam480 said:

https://www.foxbusiness.com/politics/hassett-reveals-trump-housing-plan-would-let-americans-tap-401ks-down-payments

Good that thy r allowing withdrawal from 401k. Previously it was only IRA anta.

[Redarya]

23 minutes ago, akkum_bakkum said:

Good that thy r allowing withdrawal from 401k. Previously it was only IRA anta.

Ardham Kala. You can always withdraw by paying penalty and the tax on remainder. 
 

Are they allowing penalty free withdrawal 

[Dallasbaluu]

6 minutes ago, Redarya said:

Ardham Kala. You can always withdraw by paying penalty and the tax on remainder. 
 

Are they allowing penalty free withdrawal 

yea anna you can buy a home in amaravathi and no penality cc @vetri_psyconandamuri

[Konebhar6]

4 hours ago, Redarya said:

Loan provision already vundi ga. May be no interest loan or penalty free withdrawal emo

 

54 minutes ago, Redarya said:

Ardham Kala. You can always withdraw by paying penalty and the tax on remainder. 
 

Are they allowing penalty free withdrawal 

 

1 hour ago, akkum_bakkum said:

Good that thy r allowing withdrawal from 401k. Previously it was only IRA anta.

401k nundi withdrawal was always there. Max 50k limit. No penalty. The interest you pay also goes back into 401k account only. 

May be now, it’s not a loan any more. Just withdrawal and no penalty. 

[Redarya]

52 minutes ago, Dallasbaluu said:

yea anna you can buy a home in amaravathi and no penality cc @vetri_psyconandamuri

Ninnu evadu adigadu raa labor lunch Vodka

[Redarya]

7 minutes ago, Konebhar6 said:

 

 

401k nundi withdrawal was always there. Max 50k limit. No penalty. The interest you pay also goes back into 401k account only. 

May be now, it’s not a loan any more. Just withdrawal and no penalty. 

Naa question kuda Ade. I used the loan when I bought  home so know how it works. What is new now ani

[Konebhar6]

Just now, Redarya said:

Naa question kuda Ade. I used the loan when I bought  home so know how it works. What is new now ani

I am thinking it’s a permanent withdrawal and not a loan any more. You don’t have to pay it back. 

[allbakara]

18 minutes ago, Redarya said:

Ninnu evadu adigadu raa labor lunch Vodka

Adhi langa lepi rent kattukune opt nibbi uppal baluu le ivanni oka pattaana ardham ayyi savavu 

[Sucker]

Idhi just gimmick like India especially Telugu politics