Posts Tagged '401k'

Using your Retirement Savings to Pay Off Debts

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Dipping into your 401k to pay off debts may be tempting, but this article from the NY Times explains how people get into trouble by double and triple dipping. For those that dig into the 401k, one dip is usually not enough.

We often see clients who take a loan from their 401k to pay off debt and only pay off part of the debt. Then the rest of the debt comes back to bite them, they still ...

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