So I read like this: you can

本帖于 2020-03-30 16:09:00 时间, 由普通用户 meowi 编辑

You can take out 100K from IRA or 401K, , buy stock at the bottom and wait for 3 years, your 100K become 200K, then you put 100k back to IRA or 401K, no penalty or tax.  Wow!  you will make 100K! lol

basically, you can use 100K for free for 3 years, right?

所有跟帖: 

Only one year, u need to pay tax back in three years -USATiger- 给 USATiger 发送悄悄话 (0 bytes) () 03/30/2020 postreply 16:33:01

If I need to pay back tax in three years, -ask-ask- 给 ask-ask 发送悄悄话 (132 bytes) () 03/30/2020 postreply 22:14:47

pay back in 3 yr, that means you pay at the end of 3rd year or y -meowi- 给 meowi 发送悄悄话 (130 bytes) () 03/30/2020 postreply 17:21:16

ok if you pay back 33 k first year, 33 k second year, 34 k last -USATiger- 给 USATiger 发送悄悄话 (0 bytes) () 03/30/2020 postreply 18:06:08

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