Uplifting First-Time Homebuyers Act of 2025

Increases the allowable penalty-free distribution for qualified first-time homebuyers from retirement accounts to $50,000. The change applies for taxable years beginning after December 31, 2024, and lets eligible first-time buyers withdraw more from IRAs (and similar accounts) without incurring the 10% early distribution penalty, though ordinary income tax still applies to the distribution.