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Glossary > Q > "Qualified Acquisition Cost" Definition

Qualified Acquisition Cost

These are items, in the context of IRA withdrawls, that constitute penalty free withdrawls for an IRA owner who uses the assets to purchase a first home.

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Qualified Acquisition Cost - These are items, in the context of IRA withdrawls, that constitute penalty free withdrawls for an IRA owner who uses the assets to purchase a first home.

Qualified Acquisition Cost : these are items, in the context of ira withdrawls, that constitute penalty free withdrawls for an ira owner who uses the assets to purchase a first home.