Eight Years Ago, Thomas Began Investing in His Roth IRA

question 68

True/False

Eight years ago, Thomas began investing in his Roth IRA. He is now purchasing his first home. He may withdraw some money from his Roth IRA tax-free and penalty-free for this purchase.

---

Definitions:

Chromium

A lustrous, hard, and brittle metallic element that is used primarily in metal alloys and as a compound in industrial processes.

Carbon

A chemical element with the symbol C and atomic number 6, essential for all life, known for its ability to form a vast number of compounds.

Hydrogen

The lightest and most abundant chemical element in the universe, consisting of a single proton with one electron, often used in fuel cells and various industrial processes.

Mercury

A chemical element with the symbol Hg and atomic number 80, known as quicksilver; a heavy, silvery d-block element that is liquid at room temperature.