: Funds must be used for "qualified acquisition costs" (down payment, closing costs, or building/rebuilding) within 120 days of receiving the withdrawal.
: You can use your exception to help a child, grandchild, or parent with their first home purchase, provided they also meet the first-time buyer criteria. Traditional vs. Roth IRA Tax Treatment withdraw ira to buy house
: You can withdraw up to $10,000 over your lifetime penalty-free for a home purchase. : Funds must be used for "qualified acquisition
: You qualify if you (and your spouse) have not owned a primary residence in the two years leading up to the new home purchase. withdraw ira to buy house