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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: benwood who wrote (73314)10/31/2006 5:35:24 PM
From: Pacing The Cage  Respond to of 110194
 
Re:"I work with somebody who borrowed from his own 401K plan."

An interesting note, when money is borrowed from a 401K it is repaid with interest. Both the principle and interest are repaid into the original account. So yes, you can owe yourself money (and interest!)


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