Christobal
Returning Member

Roth IRA and First Time Home

I have had a Roth IRA opened for more than 5 years and have never taken a First Time Home Exception. If I have made contributions equal to 50K and the account is worth 100K presently, can I take a 10K disbursement for the first time home buyer credit and keep the original 50k worth of contributions as eligible for penalty/tax free withdraws?