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Returning Member
posted May 4, 2022 12:49:53 PM

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.

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1 Replies
Level 15
May 4, 2022 1:08:10 PM

You are a non-US person?  Not a US resident or US citizen?  Living in Canada?