Pledging. If you pledge any portion of your IRA as collateral for a loan, the amount so pledged will be treated as a distribu- tion and will be included in your gross income for that year.
Appears in 6 contracts
Samples: www.stifel.com, Stifel Account, Stifel Account
Pledging. If you pledge any portion of your IRA as collateral for a loan, the amount so pledged will be treated as a distribu- tion distribution and will be included in your gross income for that year.. OTHER
Appears in 2 contracts
Samples: Ach Agreement, 4kmc.com