dnoss123
New Member

withdrawing from a roth ira for a downpayment of 3%-i'm a 1st time buyer

I have put $25,000 in a ROTH IRA  2 years ago, I'm a 1st time buyer, my intent is take 5%

of the balance for a home purchase, my admin person at USAA says i should be charged

a tax penalty but recommended that i get an opinion from a tax expert,

what if any tax penalty would there be?

thank you for the help.

Debra Noss

[email address removed]