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Rollover IRA and first time home buyer
Can I take $10K out for a qualified first time home purchase (in Canada) from a Rollover IRA account (not ROTH or traditional)? I rolled over my 401K to IRA more than a year ago when I left US, if that matters.
Also, I dont see any provision that prevents buying first home outside US. Am I correct in thinking so? I am currently a non-resident alien with permanent resident status in Canada. Please advice.
May 4, 2022
12:49 PM