Has anyone actually used their IRA account. I am trying to use it for my father, I don't have a problem doing it. But i do have a problem giving it away. He is 72, I was looking at getting him a couple of homes to do owner financing. I have talked to a couple CPA but am having no luck. Taking out a lump sum like this is taxed hard plus will mess up his social security. I know their has to be a legal way around all the taxes. Hope someone has done this are has a little more info.