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Answer Desk: Cash out my 401(k) or hang on?
Sun Nov 23, 2008
- I sent a similar suggestion to the Obama Team through Change.gov.  I am not making any money on my 401K, lost 35% or better and have debt.  If I could nail my bills by taking out a loan against my 401K, then I could repay MYSELF, assuring that I would rebuild my life savings, …

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Member Since: 11/2008Last Seen: 11/25/2008

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