How to Use Your IRA to Buy a House
By Rachel Hartman | USNews.Com Troy Warren for CNT If you're shopping for a new home, you may be looking for ways to fund the purchase. Taking out cash from a retirement account such as an IRA might be an option in some cases. However, before you withdraw money from an IRA, you'll want to evaluate the short-term and long-term consequences. Use the following criteria to help decide whether to use your IRA to buy a house. Should You Withdraw From an IRA to Buy a House? When you open an IRA, the account is established to help you save for the future.…