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  • Borrowing

    Posted on March 16th, 2011 Patricia No comments

    Is it ever a good idea, financially speaking, to borrow money from a 401(k)?

    You’ve asked an excellent question. Here are the basics:

    About 75% of all employers allow employees to borrow up to 50% of their vested balance or $50,000, whichever is less, from their 401(k) plan.

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