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Updated about 4 years ago on . Most recent reply

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McCall Anger
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First Time Home Purchase - 401K Withdrawal

McCall Anger
Posted

I have read that you can withdraw $10K penalty free from an IRA for a first time home purchase. Is this something you can do from a 401K as well, and would you recomend it if I intend to purchase a duplex or other investment-grade property that will be a long-term asset?

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