Trad vs. Roth IRA for downpayment on home

Grailmaiden | 02:01 Sat 23rd Feb 2008 | Business & Finance

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My husband and I are hoping to purchase our first home within 2 years. We both have 401k's that we would like to rollover to IRA's. We plan to use the IRA money for our downpayment. My question is...should we invest in the traditional or Roth IRA for this purpose? My first inclination is towards the Roth, however, I don't fully understand the five year "seasoning" process and if that would negatively effect us since we are planning on using the funds within two years. Any help would be appreciated.

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