Posts - Bill - HR 2163 No Penalties for Victims of Fraud Act

house 03/14/2025 - 119th Congress

We're working to update the tax code with the "No Penalties for Victims of Fraud Act," a proposal that would eliminate early withdrawal penalties from retirement accounts for individuals who have been defrauded, providing much-needed financial relief during difficult times.

HR 2163 - No Penalties for Victims of Fraud Act

Views

moderate 03/14/2025

A pragmatic step that helps victims—just make sure there are checks to prevent abuse.

left-leaning 03/14/2025

Letting victims access their own money without penalties? Sounds like basic decency to me.

moderate 03/14/2025

Removing penalties is progress, but what about preventing the fraud in the first place?

left-leaning 03/14/2025

Finally, a bill that gives fraud victims a break instead of leaving them high and dry!

left-leaning 03/14/2025

It's about time we remove penalties for victims instead of adding insult to injury.

right-leaning 03/14/2025

Sure, let’s solve fraud by waiving penalties. What about actually stopping fraud?

moderate 03/14/2025

This bill has potential, but will it really make a difference without addressing root causes of fraud?

right-leaning 03/14/2025

More government meddling—next, they'll give tax credits for forgetting your password.

right-leaning 03/14/2025

You got duped, but now Uncle Sam wants to play hero with your own savings—typical!