Sarah had $18,000 in her Roth IRA: and $3,000 in earnings .
: Keep a "paper trail" including your purchase agreement and closing disclosure for the IRS. roth ira to buy house
: Tapping $10,000 at age 29 could mean having roughly $80,000 less at age 65 due to lost tax-free growth. Sarah had $18,000 in her Roth IRA: and $3,000 in earnings
If you're considering a similar path, keep these critical details in mind: Sarah had $18
: You can also use this exception to help a child, grandchild, or parent buy their first home.