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May be considering taking a 401k for an important and necessary expense, and may be needed due to current cash flow.
Anyone ever do this? I understand if you do this the interest paid and original principal goes back into 401k so essentially the interest you are paying you pay back to yourself. Is this correct?
Any other insight appreciated. Thanks!
Anyone ever do this? I understand if you do this the interest paid and original principal goes back into 401k so essentially the interest you are paying you pay back to yourself. Is this correct?
Any other insight appreciated. Thanks!