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Community: Investing Wiki

Term Of The Hour

no IRA loans: Original post by Mark Kennan of Demand Media The Internal Revenue Service (IRS) rules for individual retirement accounts (IRAs) do not allow you to borrow money from an individual retirement account under any circumstances, including a disability. In addition, you cannot use your IRA as collateral. However, if you need money because of a permanent disability, you can take an early distribution…

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