If there's no other way to pay off your medical expenses, you can tap into your IRA without a penalty.
There are some exceptions. For example, your medical expenses can't be covered by your health insurance.
You also need to have income coming in. The medical expenses have to exceed your income by 10%. You'll still have to pay taxes on your IRA distributions.
Finally, you have to prove to the IRS you're that withdrawing from your IRA to cover medical expenses. This process is best done with assistance from your trustee or tax preparer.
You can use our IRA Withdrawal Calculator to determine the withdrawal amount you need. Then, you need to give this information to your trustee so they can gather the paperwork and send it over to the IRS.
Don't pay any medical bills until you get the money. Once you get that distribution, immediately pay off your medical bills. Save your receipts and fill out form 5329 so the IRS knows how much income tax you owe.