Can you take a loan out of your 401k? If so, when can I borrow from my 401k.
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I took a 401K loan out in the 1980’s to put a 2nd story on my home. It worked for me.
Thanks Eric
Usually one or 2% goes to the 401(k). At least it did for me.
Had many. Paid for college Finished paying last loan a year after retiring
I say never, so many risk and loosing time in the market. You future self is going to hate you.
Mine says 9% with a $175 one time setup and $25 quarterly fees. I’ll stick with the HELOC until I close that and figure out how to get a portfolio loan after.