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So i recently started a Roth IRA and am thinking of contributing the $6k max for 2020 since the deadline is this monday. I figured id move money just sitting in my savings over to the ROTH IRA account before the window closes for 2020. I am also in the market to buy a home. My finacee and I have enough in savings for closing costs, downpayments and etc, that i most likey wont need to touch the $6000 in my ROTH. But in case of emergency, i can pull out that originall $6000 without penalty correct? Its what i am understanding but wanted to verify so i can take advantage of my contribution b4 the 2020 window closes.



Submitted May 14, 2021 at 05:48PM by optimuspoopprime https://ift.tt/3uU5Aas

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