Sunday, January 31, 2010

401k) House Down Payment Can I Withdraw ( Up Tp $10,000 ) From My 401k For A House Down Payment?

Can I withdraw ( up tp $10,000 ) from my 401k for a house down payment? - 401k) house down payment

I think that the IRS one withdrawy one $ 10,000 retirement account (IRA, 401K permits, etc.) to make a payment on a house without penalty and the withdrawal is not considered taxable income? Is that correct?

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