Borrowing Against 401k Penalty

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Posted on February 25, 2019 at 03:52 AM

Reviewed by on Wednesday March 27 2019 Admin 3 out of 5 based on 596 user ratings
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Jeff, I am 52 and working for a Utility company in Texas, with a previous employer 401K rolled into an IRA. a bit over 400k I wanted to withdraw from my 401K to pay off my mortgage, balance 97k.
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