Re:Investing for Geeks
by g52oevr0in on Friday September 16, 2016 @02:08PM
(#12515988)
This is info people should be aware of, but it doesn't help me if I only have money in a traditional IRA and want to use $100k for a down payment on a house.
[ Parent
| on HN ]
Actually, I think buying a (first) house is one of the loopholes. From the linked article:
> "...you can withdraw retirement account money early to pay for education expenses, fund a first-time home purchase, ..."
Re:Investing for Geeks
by g52oevr0in on Friday September 16, 2016 @05:38PM
(#12517547)
Only up to $10k. I can withdraw $10k from my traditional IRA using that loophole, then a lot more from my roth.