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Borrowing from Your Retirement Plan Is a Bad Idea
National Center for Policy Analysis [NCPA] Link to more items from this source
Sept. 4, 2008
Excerpt: Given the dicey economy, says Examiner.com, it makes sense that workers are seeking refuge in their retirement savings, but even in extreme situations, it is best for workers to seek other sources of capital before tapping their 401(k) accounts. Otherwise, borrowers are leaving much of their potential earnings on the table, and a small loan can equal to a huge loss in future retirement security[.]

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