I have both a 401k and an IRA each with about $10,000. I need to get at least $5,000 out for current home repairs (that I own) and to add to a 3% down payment on an new home purchase. Neither have a loan option. The new home will become my primary residence and the current home a rental property. Is it better to take the money from the IRA (no additional deposits are going into it) or my company matched, fully vested 401k I’m currently depositing 9% into?
Submitted August 24, 2020 at 11:30PM by superfly-whostarlock https://ift.tt/2YwltWB
