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What To Consider Before Applying For a 401(k) Loan

Posted by GuidedChoice on Dec 21, 2018 1:24:13 PM

Your 401(k) is an employer-sponsored retirement account that you fund with deductions from your paycheck and with matching contributions from your employer if applicable. The purpose of a 401(k) is to build a nest egg for your retirement, but what if you need money sooner?

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Topics: 401k loan, Pay back 401k loan, how to take a 401k loan, what is a 401k loan, penalties for withdrawing from your 401k, rules for 401k loan

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