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5

Retirement Plain and Simple – October 21, 2017

401(k) loans are actually a distribution of your own money that must be paid back with interest. The amount taken is no longer invested and will not rise or fall with the rest of your portfolio. Failure to repay the loan will be considered a premature distribution subject to income tax and a 10% penalty […]

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Retirement Plain and Simple – October 07, 2017

401(k) “loans” are actually a distribution of your own money that must be paid back with interest. The amount taken is no longer invested and will not rise or fall with the rest of your portfolio. Failure to repay the loan will be considered a premature distribution subject to income tax and a 10% penalty […]