Wealth Redefined®

E219: Understanding 401(k) Loans – How They Work and When to Consider One


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If you've ever wondered whether you can borrow from your 401(k), the answer is likely yes, but it comes with a host of considerations. Before you consider borrowing from your 401(k), you need to understand the mechanics of 401(k) loans, the potential downsides, and the risks involved.
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Wealth Redefined®By Michael Reynolds, CFP®

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