Can I Withdraw From My IRA And 401(k) To Pay For A Down Payment?

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Can I Withdraw From My IRA And 401(k) To Pay For A Down Payment?

By The BIDaWIZ Team on June 25th, 2013 at 2:10 pm

There are many prospective buyers that are gearing up to purchase their first house or a new one after years of renting. There may be times when the buyer doesn't have enough cash to meet the down payment requirements. If this is the case, they may want to consider using some of their retirement savings. Can they do so without incurring a tax penalty? .

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