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jglider

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jglider

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Re: None

Thursday, 02/04/2010 8:41:12 AM

Thursday, February 04, 2010 8:41:12 AM

Post# of 585
Trying to help a friend with what is considered a first time home purchase.

He has both a traditional IRA and a Roth. He's wondering if he can take 10K out of each for what would be an early withdrawl for home accusation costs. Plus his wife has a roth.

BTW the Roths made the 5 year rule.

So in a sense can he pull on 3 accounts for 30K?

Have went thru the IRS publications with him and can't find any exclusions but maybe we're missing something?

No time for whiners, you too Pabs!

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