Retirement Homes Requirements

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News First Person: Gifting My Son With A House Down Payment
The National Association of Realtors recently reported that 24 percent of first-time home buyers received a gift to help them make the down payment on a house. He is able to use $10,000 of his Roth IRA money toward the down payment and closing costs. Although I'm not a tax expert, I know I can take out my contributions to a Roth IRA. According to an article by TheBasisPoint, I can make a $10,000 … Read News

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