4 responses

  1. With 401ks, another option is to withdraw as a loan from your account. You don’t get penalized and you’re not hit with exorbitant fees – I paid a one-time service fee thatwas something like $50. You do have to pay interest on the principal like any other loan BUT the interest goes back into your 401k so it’s a win-win there. However, this policy depends on the retirement accounts your employer offers and your place of employment needs to approve the loan.

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