Glad it worked out.
I did exactly this Roth withdrawal to buy a house this year. Took out 200K and saved couple grand in HELOC interest but lost out on about 15K in stock market gains I vti as market had great 55 days. Allowed us time to make a leisurely move. Oh well one can’t market time but it was exactly the wrong tone to be out of the market. At end Had to get on the phone with vanguard for about an hour to get them to re deposit as an indirect roll over as was stated above. One cannot do that redeposit themselves on the website. Live and learn - I would have used my heloc if I had to do it again.
I did exactly this Roth withdrawal to buy a house this year. Took out 200K and saved couple grand in HELOC interest but lost out on about 15K in stock market gains I vti as market had great 55 days. Allowed us time to make a leisurely move. Oh well one can’t market time but it was exactly the wrong tone to be out of the market. At end Had to get on the phone with vanguard for about an hour to get them to re deposit as an indirect roll over as was stated above. One cannot do that redeposit themselves on the website. Live and learn - I would have used my heloc if I had to do it again.
Statistics: Posted by Parkinglotracer — Wed Nov 20, 2024 3:31 am — Replies 22 — Views 859