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Indebta > Finance > Borrowing from your 401(k) can help you buy a home; here are the rules and risks of making this move
Finance

Borrowing from your 401(k) can help you buy a home; here are the rules and risks of making this move

News Room
Last updated: 2023/05/11 at 7:31 AM
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This is reprinted by permission from . 

If you’re struggling to save enough for a home down payment, a 401(k) loan might look like a quick and easy solution, especially if you have more money stashed in that account than anywhere else.

Among Americans with retirement accounts, including 401(k)s, the median account value was $65,000, according…

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News Room May 11, 2023 May 11, 2023
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