Careful here.....unless they changed the rules for 2019 and beyond, the early-withdrawal 10% penalty exception only applies to buying the home using IRA $$, not 401k $$. (I haven't found a reference that indicates that has changed....yet)
So you'd be better off taking a 401k loan. (you do have to pay your 401k back though, so make sure you talk to your 401k administrator to see how that is arranged and how much each pay-back amount will be).
Or an I mistaken?
@dmertz
@VolvoGirl
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
