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My wife and I are looking to buy a home within the next 6-8 months. We have a large sum of money saved and want to protect it from the "taxman". We have already purchase our first house abour 4 years ago. We have moved from that home and have been renting since. We no longer own the home. We were looking into a ROTH IRA to save our money and not get penalized for taking it out, but the "rules" for the IRA state for first time home buyers. Can anyone please help us. Is the ROTH a good choice or is there another IRA or fund to put our money in?

Thanks

saba74
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