Do you have any savings at all? 20% down on the home? Doing FHA, VA?
What type of debt are you holding, currently? Personally I like to separate my savings from retirement accounts. If I am saving for something such as a home, I put in different accounts that can easily be accessed. Also, if you invest it and you will have market fluctuations, then that 10k could be a less.
If you open an IRA and put money, leave it. If you're saving for a house, put the money in another place.