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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 684.39

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Dec 4 4:00 PM EST

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To: Logain Ablar who wrote (73562)	3/29/2001 2:09:23 PM
From: David Howe	of 99985

<< I'm pretty sure you can only tap a 401k plan for a house, education or medical reasons. >> No, you can borrow from your 401K for any reason with no penalty. The amount is limited (50% I think) and you must pay it back in a certain time frame and you must pay yourself interest.

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