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URL:  http://boards.fool.com/withdrawing-401kto-purchase-a-house-13882733.aspx

Subject:  Withdrawing 401(K)to purchase a house Date:  12/11/2000  10:39 PM
Author:  fredbobo Number:  26551 of 85292

I'm looking for help on the subject above. I was told that if I'm a first-time buyer, I can use the money on my retirement account as a down payment without paying taxes or penalties. Is this true?
Thanks!
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