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Retirement > 401(k)s & IRAs
Borrowing from 401(k) ?
June 6, 2000: 12:18 p.m. ET

If you're looking to borrow money from your 401(k), beware of the outcome
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NEW YORK (CNNfn) - With interest rates edging up, consumers are less likely to take out loans from the bank.

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But millions of investors are taking out loans from themselves through their 401(k)s and paying themselves the interest.

Still, retirement experts say this method of borrowing comes with strings attached. CNNfn's Susan Lisovicz has the story. Back to top





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