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FAQs Regarding Loans from Retirement Plans
Internal Revenue Service [IRS] 
Sept. 15, 2006
Excerpt: Loans are not permitted from IRAs or from IRA-based plans such as SEPs, SARSEPs and SIMPLE IRA plans. Loans are only possible from qualified plans that satisfy the requirements of §401(a), from annuity plans that satisfy the requirements of §403(a) or 403(b), and from governmental plans. (Code §72(p)(4); Reg. § 1.72(p)-1, Q&A-2) [The target page has frequently asked questions and answers regarding loans.]
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