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Should You Use a 401(k) Loan to Buy a House? Pros, Cons, and Rules
Episode 1008
Published 13 hours ago
Description
1008. Thinking about raiding your retirement to fund a down payment? In this episode of Money Girl, Laura answers a question from Wendy, who’s considering taking a 401(k) loan to buy a home with 20% down. Learn the rules for using a retirement plan loan, its pros and cons, and alternatives for buying a home without borrowing from your retirement.
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