Podcasts Other Ed Zollars' Tax Update Podcast Borrowing from Your IRA and Playing Russian Roulette

Borrowing from Your IRA and Playing Russian Roulette

Published: Nov. 19, 2005, 1 a.m.

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\\nWe look at a recent private letter ruling where the IRS made it clear that taxpayers who use the 60 day rollover rule to "borrow" from their IRA do so at their own risk, even if events completely out of their control intervene to make it impossible to complete the rollover.\\n

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\\nThis podcast discusses the law surrounding the 60 day rollover, and the details of this particular ruling. Be sure to \\n\\ndownload the materials before listening to the podcast.\\n

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\\nI am posting this from The Founders Inn in Virginia Beach, Virginia, where the second run of the Virginia Accounting & Auditing Conference is talking place. I\'ll next be speaking (again on technology matters) at the Oklahoma Tax Institute on December 2. Information on that conference can be found at \\nthis website.\\n

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