Can I take out a loan on my Unchained IRA?

Learn why you can't take out loans on your Unchained IRA

No. At the current time, Unchained policy is not to extend loans to IRA accounts, both because our loan agreements have not been reviewed for compliance with prohibited transaction rules, and because even compliant loans within an IRA may create Unrelated Business Income Tax (UBIT) liability.


Note: No contents of this post may be relied upon as tax, legal, or financial advice, as they have not been tailored to you and have not been reviewed by any attorney, financial advisor, or tax professional. For any questions related to your own specific situation, please consult with your own attorney, tax professional, and/or licensed financial advisor.