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Full Version: "Borrowing" from a Roth IRA
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Sandra Biermann
Can I "borrow" my original investment amount from my Roth IRA? If so, do I have to replace it within a certain time frame?
John Olsen
You can withdraw the annual (non-rollover) contributions to your Roth IRA at ANY time with NO tax consequence. But you cannot REPLACE that money, as if it were a plan LOAN. All you can put into a Roth is 2K/year, so, if you plan on being able to do that each year, any withdrawal you make cannot be replaced.



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John L. Olsen, CLU, ChFC
Olsen Financial Group
St. Louis, MO
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