can you borrow money from an ira
IRS Publication 590-A specifically says borrowing from your IRA is a prohibited transaction. But, if you only need the money for a month or two, and are certain you can repay it, you might be able to access the funds in your IRA without tax consequences.ne way to move money from one IRA to another is a rollover, where you take a distribution from one account and then, within 60 days, redeposit the money in another IRA.