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Home » Blog » Personal Loans » 401k Loans

401k Loans

Personal Finance Tips: Should I Use My 401(k) To Pay Off Debt?

May 17, 2020 by Brian Allen

tax penalties on 401k withdrawal

25% of people between the ages of 24-35 have taken money out of their 401(k) retirement plan to pay down debt – and taking some money from your retirement savings to pay off your debt may seem like a good idea if you’re not sure how else to get out of debt.

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