can i roll my 401k to an Ira then use it to buy a home?

Tips and Deals Forums Buying Your Home Buying Your Home can i roll my 401k to an Ira then use it to buy a home?

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    Anonymous

    I have a vested 401k from my previous employer. Im in the progress of rolling it over to a IRA. My goal is to contribute for another year and use that to buy a house. I heard you can do this as a first time home buyer. anything i should be aware of? how bad am i going to get taxed? any recommendation?

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