Can I borrow against my IRA?

No, loans to oneself or family members are not permitted. Such a loan would be considered a taxable distribution.

Can I pledge my IRA as security for a commercial loan?

No, as that pledge will be considered a taxable distribution of your entire IRA account balance.

Can I rollover into my IRA a loan from my 401(k) plan?

  1. No, under all conditions and circumstances.
  2. If you have an outstanding 401(k) loan at the time you terminate employment with the plan’s Sponsor, full repayment of the loan is required or it will result in a taxable distribution to you—even if the balance of your account is rolled over into an IRA.
    1. Check with the Plan’s administrator how much time you have before they deem the loan a taxable distribution. At the very longest, it is the last day of the calendar quarter following the calendar quarter in which your employment ended.  For instance, you quit on March 1.  You have until June 30.
  3. If you go to work for another employer with a retirement plan with a loan program, they might accept a rollover of your old loan into their plan.
    1. The plan of a new employer is not required to accept rollovers from another company’s retirement plan or outstanding loans.
    2. If a rollover of your loan is an option, you have a short window in which to make this happen before your old plan must – according to IRS regulations – deem your loan a taxable distribution.