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Thread: 60 Day IRA rollover questions
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Old 04-04-2025, 07:12 AM
seecapecod seecapecod is offline
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Originally Posted by TSO/ISPF View Post
Buying a house. Want to use a 60 day rollover to pay for part of the new house while waiting to sell existing home. Can I take 300K out of my IRA to cover that cost and pay it back within 60 days without incurring any taxes. Has anyone done this. The IRS examples can be confusing.
I have and the window was 90 days to payback before incurring taxes as a distribution. Always check with the financial advisor for anything that may be different with your investment.