Hello Sir/Madam,

Dave is 57 years old.  He is interested in taking an early withdrawal from an IRA to make a down payment on a 2nd home.  His plan is to pay the IRA back within 60 days with money from a home equity line of credit that he is establishing.  Assuming that he does this within 60 days, can this be treated as a tax-free event?

Thanks,

Chris