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To use of 401K assets, IRA assets and related accounts to be used to purchase primary real estate and for other purposes

Created by R.J. on January 06, 2013

To introduce legislation to all for the use of retirement assets in 401K, SEP, IRA and related accounts to be used to purchase primary residential real estate assets outright without limitation and to establish the rules related to withdrawal and taxation of the same. To allow for retirement management companies to establish account management to include a real estate purchase deduction amount also into 401K plans for the purposes of defraying mortgage indebtedness on a primary resident.

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