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URL: https://boards.fool.com/thanks-for-your-advice-i-feel-comfortable-with-22812158.aspx
Subject: Re: First-time homebuyer and IRA	Date: 7/28/2005 3:39 PM
Author: irasmilo	Number: 80140 of 132174
Thanks for your advice. I feel comfortable with taking the money out because it's only a small portion of my retirement accounts. Preserving extra liquidity weighs more for me right now. I also like Roth IRAs more for their flexibility, so I can recover my base there without doing the conversion. You can NEVER recover your "base" once you withdraw it. You cannot make any contributions in excess of the annually allowed limit. There is no "payback" provision to return the removed funds to your IRA. Diverting retirement funds to other purposes is rarely a good idea since most people significantly underfund their retirement. Ira
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