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May 7, 2021
Question

ira loan & repayment of lump sum withdrawl within 90 days

  • May 7, 2021
  • 1 reply
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    1 reply

    Employee
    May 7, 2021

    There is no such thing as an IRA "loan," as they are not permitted by law  You took a distribution, and rolled it back/over.  However, there is normally only a 60 (not 90) day window to do so.  Did it qualify for one of the COVID related reasons.