purfact
Dec 30, 2011, 07:54 AM
Health care act uses more types of income for subsidizing low income. Language states they will add certain nontaxable "tax sheltered" assets that would not be considered for tax purposes. Ira's are tax shelters but I don't find specific rules about IRA's. Will low income individuals be forced to take money from IRA and be penalized for early withdrawal, does the gain only in these funds count toward income even though the money can not be spent without penalty.