Use of Your IRA

blahgeetsablahgeetsa subscriber Posts: 1
edited September 2006 in Startup Funding
Hi Everyone,

I read earlier posts regarding hesitation is borrowing against one`s
401k
funds, however...

Using a portion (not the whole enchilada) of your IRA account for under
$25,000 to fund the initial start up of your business seems like a smart
move to me. I think I read that borrowing funds from your IRA for 60 days
is penalty-free?

Anyone have experience with this?

Thanks!
blahgeetsa

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