Hi,I am aware of the no penalty for withdrawing funds from an IRA for costs associated with a first home purchase. But is there a requirement for the amount of time you need to be contributing to an IRA in order for this to be allowed. For example, my husband and I (both work) would like to open IRA and max out the contribution ($2000) this year and next year then withdraw the money for part of our down payment? Is this allowed? ThanksHeather
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra