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The bank refuses to give a loan from an IRA-based plan – isn it required to allow loans?

Bank ira-based loan Loans Plan
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The bank refuses to give a loan from an IRA-based plan – isn it required to allow loans?

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IRAs are the investment vehicles for IRA-based plans. As discussed in the above Q&A, IRAs do not permit loans. So banks aren’t allowed to give loans from an IRA.

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