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No. You cannot borrow from an IRA period.

(You may borrow from some 401k plans, w/o penalty).

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17y ago

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Can you borrow from a rollover IRA?

No, you cannot borrow from a rollover IRA.


Can I borrow from my IRA?

Yes, you can borrow from your IRA, but there are specific rules and limitations to follow.


Can you borrow from an IRA?

Yes, you can borrow from an IRA, but it is not recommended as it may result in taxes and penalties.


Can you borrow money from your IRA account?

No, you cannot borrow money directly from your IRA account.


How can I borrow from my IRA account?

To borrow from your IRA account, you can take a distribution, but this may result in taxes and penalties. It is generally not recommended to borrow from your IRA unless it is a last resort.


Can I borrow money from my Simple IRA account?

No, you cannot borrow money from your Simple IRA account.


Can you borrow against an IRA?

Yes, you can borrow against an IRA, but it is not recommended as it can result in taxes and penalties.


Can you borrow money from your IRA?

Yes, you can borrow money from your IRA, but there are specific rules and limitations that must be followed.


What age can you withdraw all your money without a penalty?

From an IRA 59 1/2


Can you borrow money from your IRA?

No


Can I borrow from my IRA for a house downpayment?

Yes, you can borrow from your IRA for a house downpayment, but there are specific rules and limitations to follow.


Can I borrow from my IRA after reaching the age of 59 1/2?

Yes, you can withdraw funds from your IRA penalty-free after reaching the age of 59 1/2, but you may still have to pay income tax on the amount withdrawn.