Re: Quick Roth IRA quesiton about withdrawals...
For the purpose of buying a home, you can withdraw the gains, penalty and tax free, if you meet these criteria:
1) The IRA was started more than 5 years ago
2) You are a first time home buyer
3) You are withdrawing no more than $10,000
There are more rules and you should investigate this on your own, but to answer your question, yes you can take the money (even the gains in some cases) out without penalties.
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