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Using Your Retirement Plan As A Revolving Savings AccountAccording to the Employee Benefit Research Institute’s latest study on borrowing, more than 20% of participants have outstanding loans from their retirement plans.
Your Retirement Plan Is Not A Revolving Savings AccountAccording to the Employee Benefit Research Institute’s latest study on borrowing, about 20% of IRA participants have outstanding loans from their plans.
Your Retirement Plan Is Not A Revolving Savings AccountIt sounds so good, borrow from yourself, and pay yourself back! When you do the actual calculations it doesn’t work that neatly.

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