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You are here: Home   Categories   Taxes   401k  401k loan question pros & cons ?
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Submitted 452 days ago...

MDI621

MDI621

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401k loan question pros & cons ?

What is the pros and cons of taking a 15k loan for personal and home repairs (roof & flooring) to pay back in 3-5 years @ 6% interest at age 50 ? The 401k balancea doesnt seem to be increasing at this time only loosing my money ?

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