Please note that Allstate Life Insurance Company or its agents and representatives cannot give legal or tax advice. The brief discussion of taxes on this page may not be complete or current. The laws and regulations are complex and subject to change. For complete details consult your attorney or tax advisor.
Qualifying exceptions: Distributions received before you're 59½ may not be subject to the 10 percent federal penalty tax if the distribution is for a first-time home purchase (lifetime maximum, $10,000), postsecondary education expenses, substantially equal periodic payments taken under IRS guidelines, certain medical expenses exceeding 7.5 percent of your adjusted gross income, an IRS levy on the IRA, health insurance premiums (after you have received at least 12 consecutive weeks of unemployment compensation), or your disability or death. You may wish to consult a tax advisor about your situation.
Securities offered by Personal Financial Representatives through Allstate Financial Services, LLC (LSA Securities in LA and PA). Registered Broker-Dealer. Member FINRA
, Main Office: 2920 South 84th Street, Lincoln, NE 68506, 877-525-5727.