Using Your Traditional or Roth IRA as a Down Payment Resource on a Home

One of the biggest obstacles some first-time homebuyers face when purchasing a home is acquiring the necessary funds for a down payment. Saving a lump sum of money over time or receiving a down payment as a gift from a family member are just a couple of ways first-time homebuyers overcome the down payment obstacle.

But, did you know that if you are a first-time homebuyer, you may be able to tap into your traditional IRA or Roth IRA as a down payment resource without triggering the early-withdrawal penalty and it may be tax-free? To learn more, visit

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