No. of Recommendations: 2
I wish that I could just pull the funds out and put them together with my home down payment savings fund, but know I'd have to pay the requisite penalties and taxes since I won't be using the funds to buy a home for several years.

If you're intent on using this money for a home purchase, just move it to an IRA at a bank or credit union and buy CD's in it. If your first Roth contribution/conversion was 5 tax years before you use it for this purpose (and you meet all the other requirements in Pub 590 regarding home purchase) there will be no tax on the earnings.

Phil
Rule Your Retirement Home Fool
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