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Compass
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Advisers Warn Against 401(k) Loans
The Wall Street Journal; subscription may be required Mar. 3, 2014
"In U.S. 401(k)s and related accounts, one out of every four plan participants has borrowed against his or her principal ... Meanwhile, an estimated $6 billion a year in loans wind up in default ... The vast majority do pay off their loans ... But those making less than $30,000 a year are most likely to get into situations where they need to take out a loan[.]"
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