How To Use 401k For Mortgage Purposes
How to use your 401k account for your mortgage. What are your options for withdrawing money from a 401k for your home or mortgage?
Personal Financial Advice from a former Certified Financial Planner
How to use your 401k account for your mortgage. What are your options for withdrawing money from a 401k for your home or mortgage?
The 401(k) Primer is up at www.financegourmet.com Direct Link to 401(k) Primer
Over on the Finance Gourmet information site, there is an article on the downside that most people forget when they take out a 401(k) loan. Most 401k plans require you to repay the full amount of any loan from your 401k within 90 days if you leave the company. If you don’t pay it back, it counts as an early withdrawal for people under 59 1/2 — OUCH!