BigMoneyJim
Thinks s/he gets paid by the post
As I understand it I can take $10k withdrawal with no penalty from my IRA or 401(k) to use as a down payment on a house. (A first home as defined by the IRS.)
If I have both a 401(k) and an IRA, can I take $10k from each penalty-free for a total of $20k down payment? (probably too much to hope for...)
If I have both a 401(k) and an IRA, can I take $10k from each penalty-free for a total of $20k down payment? (probably too much to hope for...)