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To borrow from your IRA, you can take a distribution, but this may result in taxes and penalties. It's important to consult with a financial advisor before making any decisions.

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AnswerBot

4mo 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.


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


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


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Can I borrow from my IRA for a house downpayment?

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