What exactly are you trying to accomplish by taking it out, and then putting it back in ??

Sounds like OP needs a temporary loan.

Yes, as long as you qualify to do so.  Are you covered by a retirement plan at work?

A 401K retirement plan is available at work, but I no longer contribute.

For a 401(k) plan,

The individual is an active participant if the individual elects to defer compensation (make salary deferral contributions) to the plan.  If the individual is eligible to make salary deferral contributions, but declines to make such salary deferral contributions for a year (and no other contributions or forfeitures are allocated to such individual's account for the plan year ending with or within the individual's taxable year), the individual is not an active participant for that year.

So, I am not an active participant in a 401K. Does this affect my ability to contribute to my IRA?

It just affects your ability to deduct those contributions. But that doesn't matter since you don't participate. But I have to ask, are you over age 70.5?

Also see:
<a rel="nofollow" target="_blank" href="https://pocketsense.com/can-ira-deduction-same-year-took-withdrawal-5790.html">https://pocketsense.c...>

It does not matter if you contribute to the 401(k) or not if you employer contributed to it then you would still be a participant.    Box 13 on your W-2 will be checked if you have a 401(k).    That does not prevent you from contributing to a Traditional IRA, it only affects your ability to deduct it if your income exceeds the limits given in this link to the IRS:  <a rel="nofollow" target="_blank" href="https://www.irs.gov/Retirement-Plans/IRA-Deduction-Limits">https://www.irs.gov/Retirement-Plans/IRA-...>

You must also have at least as much taxable compensation (money that you worked for) as your IRA contribution.