Guest artemis freely Posted March 11, 2003 Posted March 11, 2003 If I withdraw Roth IRA contributions for a first home purchase, can I later repay the withdrawn contributions back into my Roth IRA or are they gone forever?
Appleby Posted March 26, 2003 Posted March 26, 2003 For a Roth IRA distribution, withdrawn for the purpose of a fist-time home purchase, you have 120 days to rollover( put back) the amount withdrawn, if the funds are not used to purchase the home. Otherwise, you have sixty days to rollover the funds. Life and Death Planning for Retirement Benefits by Natalie B. Choatehttps://www.ataxplan.com/life-and-death-planning-for-retirement-benefits/ www.DeniseAppleby.com
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