If I take $ 10K out of IRA for first time home purchase, use it and then come up with extra $ 10K within the next 4 months, can I put that $ 10K back into the IRA within the 120 day period (i.e,. (money.stackexchange.com)
A distribution from a Roth IRA is federally tax - free and penalty - free provided that the five - year aging requirement has been satisfied and one of the following conditions is met: age 59 1/2, qualified first time home purchase, or death. (fidelity.com)
Penalties apply; exceptions exist for first time home purchase, higher education expenses, or if disabled. (towerfcu.org)