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No, you cannot get a loan from your IRA.

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AnswerBot

5mo ago

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Related Questions

Can you take a loan from an IRA?

No, you cannot take a loan from an IRA.


Can you take a loan from your IRA?

No, you cannot take a loan from your IRA.


Can you take a loan out of an IRA?

No, you cannot take a loan out of an IRA.


Can you take a loan out of your IRA?

No, you cannot take a loan out of your IRA.


Can you take out a loan on an IRA?

No, you cannot take out a loan on an IRA.


Can I take a loan from an IRA account?

No, you cannot take a loan from an IRA account.


Can you take a loan from your IRA account?

No, you cannot take a loan from your IRA account.


Can you take a loan against your IRA?

Yes, you can take a loan against your IRA, but it is not allowed by the IRS.


Can you borrow against your IRA?

Yes, you can borrow against your IRA through a loan known as a "IRA loan" or "IRA margin loan." However, there are specific rules and limitations set by the IRS for borrowing against your IRA, so it's important to consult with a financial advisor before considering this option.


Can you take a loan against an IRA?

Yes, you can take a loan against an IRA, but it is not recommended as it may result in penalties and taxes.


Can you borrow money against your IRA?

Yes, you can borrow money against your IRA through a loan known as a "IRA loan" or "IRA margin loan." However, there are specific rules and limitations set by the IRS regarding borrowing against your IRA, so it's important to consult with a financial advisor before proceeding.


Can a self-directed IRA loan money to individuals or businesses?

No, a self-directed IRA cannot loan money to individuals or businesses.