401(k) Loans: At Your Own Risk
Story date: 2007-10-05 07:24:00
Added on: 2007-10-05 21:00:20
Wall Street Journal - Borrowers must repay the loan plus interest, which is typically set at one or two percentage points above the prime rate. While plans vary, the most you can borrow is the lesser of 50% of your vested balance or $50,000. Employees usually must repay ...
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