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Roth 401k to Roth IRA First Home Withdraw
In 2016 I left a job and rolled $50,000 from a Roth 401(k) into a Roth IRA. The account is now worth $120,000. I want to purchase a home next year. Having satisfied the 5 year rule, I can withdraw $10,000 tax and penalty free. Can I also withdraw the initial Rollover Contribution amount of $50,000 tax and penalty free for a total of $60,000?
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‎December 17, 2020
9:46 PM