Timeline for First time home buyer: Can you withdraw funds from a Roth 401k for a first time home purchase?
Current License: CC BY-SA 2.5
7 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Apr 14, 2011 at 18:33 | vote | accept | Stainsor | ||
| Mar 10, 2011 at 15:22 | comment | added | justkt | @Stainsor - a money market account or high yield savings account would be ideal. You incur a lot more risk with a bond or other investment vehicle. | |
| Mar 10, 2011 at 14:38 | comment | added | Stainsor | Thanks for the link. That does provide helpful insight. I'm still not sure what to go with though. | |
| Mar 10, 2011 at 14:25 | comment | added | Stainsor | @bstpierre That's exactly what I'm looking for. And I was hoping to use an account I already have in place. | |
| Mar 10, 2011 at 13:13 | comment | added | justkt | @bstpierre - if that's the case, then this question provides a set of excellent options. A Roth 401(k) would be somewhere down near my last pick, personally. If one wants to invest in funds with post-tax money for a house and deal with the volatility, an investment account with a place like Vanguard should work. | |
| Mar 10, 2011 at 12:55 | comment | added | bstpierre | It sounds like the OP is looking for a place to stash the down payment, not necessarily to steal from retirement. | |
| Mar 8, 2011 at 18:31 | history | answered | justkt | CC BY-SA 2.5 |