Quote #86,845
"There's a laundry list of reasons why not to borrow from your 401(k). While the money is on loan, it..." — Jean Chatzky
There's a laundry list of reasons why not to borrow from your 401(k). While the money is on loan, it's not working for you - and if you leave your job, you'll have to pay it back in 60 days or treat it as a taxable withdrawal.
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