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What to Know About Borrowing From an IRA

IRA loans aren't always an option.

By Motley Fool Retirement Team – Updated Nov 23, 2024 at 2:01PM

Key Points

  • IRAs do not offer loans, although some 401(k) plans do.
  • IRA funds can be accessed via 60-day indirect rollovers while avoiding penalties, but this can be a risky option.
  • 401(k) loans permit borrowing up to $50,000 or 50% of the vested balance.
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