'To suggest' is more common, though both make sense.
As for other errors, it should perhaps be 'take out the principle from the Roth IRA account'.
And it should definitely be 'Nor is it', not 'nor it's'. 'It's' is a contraction of 'it is', not 'is it'. Also, it should be 'money is' not 'money are' (money is collective/singular), and it should be 'in the form' not 'a form'.
I can't find anything to suggest that one cannot take out the principle from the Roth IRA account for education or housing purchases. Nor is it indicated that money is doled out in the form of a loan.