Conventional wisdom says that you should never, ever borrow from your 401(K). Financial gurus tell us that we should not take money out of our 410(K) for tax reasons and that many people do not have the self-control to pay back the loan.
With a Thrift Savings Plan (TSP), the government’s version of a 401(K) [...]
Posts Tagged ‘Borrowing Money’
Should You Borrow From Your 401(K) Or TSP?
Posted by admin on June 1st, 2010
Posted in 401k Retirement Plan 
Tags: Billion Dollars, Borrowing Money, Conventional Wisdom, Credit Checks, Equity Line Of Credit, Financial Gurus, Government Retirement, Heloc, Home Equity Line, Home Equity Line Of Credit, Interest Rate, Little Bit, Paperwork, Paycheck, Payroll Deduction, Percentage Points, Personal Loan, Retirement Program, Self Control, Thrift Savings Plan 
No Comments »Refinance & Mortgage Tips: Down Payment From 401k Or 403b
Posted by admin on May 4th, 2010
Refinance & Mortgage Tips: Down Payment From 401k Or 403b Retirement Annuities
If you are purchasing a home and have a substantial portion of your assets inside of a retirement account such as a 401K, 403B or other retirement product or annuity, you may choose the increasingly popular option of tapping those funds to make a [...]
Posted in 401k Retirement Plan Tags: 401k 403b, Borrowing Money, Brokerage Accounts, Cash Money, Cashiers Checks, Checking Savings, Debt Obligations, Demand Drafts, Money Market, Mortgage Lenders, Mortgage Tips, Payment Money, Rate Of Interest, Retirement Account, Retirement Accounts, Retirement Annuities, Retirement Annuity, Retirement Product, Source Of Funds, Substantial Portion No Comments »
