7 Reasons Why Borrowing From Your 401k is Bad, Bad, Bad!

Most companies, at least the larger ones, offer 401k programs. One of the perceived benefits of having a 401k is the ability to borrow money from it. On the surface this seems like a great idea. You get to take out a loan against your own money, and pay yourself the interest [...]

July 17th, 2007 | Posted in Investing | 9 Comments


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