If so, ... what is the timeframe to replace into the same IRA without paying additional taxes on the withdrawal?
Is there a maximum amount I can withdraw and replace within the same IRA.
The rollover window (which can also be used as a short-term loan window) is 60 days.
Any funds that you withdraw but pay back within 60 days are treated as a rollover and are not subject to income taxes or the early withdrawal penalty. This applies regardless of the amount withdrawn and repaid.
Does it make any difference on the "60 days" limit, if I'm 68 years young?
The rollover window (which can also be used as a short-term loan window) is 60 days.
Any funds that you withdraw but pay back within 60 days are treated as a rollover and are not subject to income taxes or the early withdrawal penalty. This applies regardless of the amount withdrawn and repaid.