WebTalk With Your Partner About Money and Finances. “This is something we’re bumping into more often. The thing that we tell people is that first and foremost, you have to have a very serious adult conversation about family and about money,” says Robert Gilliland, managing director and senior wealth advisor at Concenture Wealth Management in ... Web11 jan. 2024 · In its list of exceptions, the IRS notes that first-time home buyers can use up to $10,000 from their 401 (k) toward purchasing a home. A bill in Congress, The Uplifting First-Time Home Buyers Act, proposes a doubling of penalty-free 401 (k) withdrawals for buying a first home to $20,000. The bill is not yet passed into law.
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