can you take money out of a roth ira for your first home
If the above criteria are met you can withdraw every last cent of your Roth IRA, up to $10,000, from the account. The $10,000 limit is a lifetime limit so you can't withdraw $5,000 twice in two different home situations.oth IRA rules state that a first time home buyer can withdraw funds from a Roth IRA under the following conditions: 1  the account has been open for five years. 2  you withdraw $10,000 or less to purchase a home.