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Can I borrow money from a thinkorswim limited margin IRA?

April 26, 2017borrow IRA limited margin money thinkorswim

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Can I borrow money from a thinkorswim limited margin IRA?

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No. The limited margin IRA allows for many options strategies with defined risk (including American style spreads and combination spreads). It does not allow a client to borrow money to purchase stock or any other security as with a traditional margin account.