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Subject:  IRA money for first home Date:  4/2/1999  8:14 PM
Author:  rajkumar Number:  9640 of 87991

Hello All -

We are planning to withdraw money from my IRA towards down payment for our first home. I understand that the limit is $10000. Is this limit per person or if my wife is a joint owner of the house, can she too use upto $10000 from her IRA leading to a total of $20000?

Thanks for your response.

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