Can I withdrawal from my ROTH 401k for a first time home purchase without penalty?
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rachael-davis
New Member

Can I withdrawal from my ROTH 401k for a first time home purchase without penalty?

Since my 401k is a ROTH 401k can I withdrawal the $10,000 with no penalty for a first time home purchase?
1 Reply
DoninGA
Level 15

Can I withdrawal from my ROTH 401k for a first time home purchase without penalty?

No.  Only funds withdrawn from an IRA can be exempt from the early withdrawal penalty, not from a 401(k) account.

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