jtnospam[at]yahoo.com wrote:

- quote -

You are mistaken. The exception to the early withdrawal
penalty on $10,000 for the purchase of your first home
relates to IRA distributions, not 401(k) distributions.

For a list of exceptions to the penalty for 401(k) distributions,
see IRS Pub 575. For IRA exceptions, see Pub 590.
http://www.irs.gov/formspubs/lists/0,,id=97819,00.html

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I understand there is an exemption from premature withdrawl
of 401K monies if used in acquiring a first residence. Does
it work for a RV/ Motorhome? It will be our primary
residence. Thanks in advance for advice and
experiences.-Jitney

<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >