Use caution when borrowing from retirement plan

Story date: 2007-12-15 06:15:00
Added on: 2007-12-15 09:17:01

Chicago Tribune - You'll need to begin repaying the loan right away, typically at 1 or 2 percentage points above the prime rate, Meigs said. Most ... take a loan, then reinvest the money elsewhere for a higher return, paying yourself back in the workplace plan with interest ...


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