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January 14, 2009 at 6:00 PM #14834January 14, 2009 at 7:17 PM #328906ucodegenParticipant
What are the returns on the fixed income funds that are offered in her 401K?
January 14, 2009 at 7:17 PM #329243ucodegenParticipantWhat are the returns on the fixed income funds that are offered in her 401K?
January 14, 2009 at 7:17 PM #329314ucodegenParticipantWhat are the returns on the fixed income funds that are offered in her 401K?
January 14, 2009 at 7:17 PM #329342ucodegenParticipantWhat are the returns on the fixed income funds that are offered in her 401K?
January 14, 2009 at 7:17 PM #329425ucodegenParticipantWhat are the returns on the fixed income funds that are offered in her 401K?
January 14, 2009 at 9:58 PM #328971NicMMParticipantI checked with her. Last year was 4%.
January 14, 2009 at 9:58 PM #329308NicMMParticipantI checked with her. Last year was 4%.
January 14, 2009 at 9:58 PM #329380NicMMParticipantI checked with her. Last year was 4%.
January 14, 2009 at 9:58 PM #329408NicMMParticipantI checked with her. Last year was 4%.
January 14, 2009 at 9:58 PM #329491NicMMParticipantI checked with her. Last year was 4%.
January 14, 2009 at 10:11 PM #328984thebazmanParticipantYou pay yourself interest —
My 401(k) allows me to borrow up to half for a first-time home purchase. I would receive 5% interest when I pay back the loan to my account.
So check what the interest rate is on the loan. The only drawback is that the amount you take out will reduce your overall 401 (k) balance, lessening the effect of compound interest toward your future retirement goals. Probably not an issue as long as returns are as abysmal as right now!
January 14, 2009 at 10:11 PM #329323thebazmanParticipantYou pay yourself interest —
My 401(k) allows me to borrow up to half for a first-time home purchase. I would receive 5% interest when I pay back the loan to my account.
So check what the interest rate is on the loan. The only drawback is that the amount you take out will reduce your overall 401 (k) balance, lessening the effect of compound interest toward your future retirement goals. Probably not an issue as long as returns are as abysmal as right now!
January 14, 2009 at 10:11 PM #329394thebazmanParticipantYou pay yourself interest —
My 401(k) allows me to borrow up to half for a first-time home purchase. I would receive 5% interest when I pay back the loan to my account.
So check what the interest rate is on the loan. The only drawback is that the amount you take out will reduce your overall 401 (k) balance, lessening the effect of compound interest toward your future retirement goals. Probably not an issue as long as returns are as abysmal as right now!
January 14, 2009 at 10:11 PM #329422thebazmanParticipantYou pay yourself interest —
My 401(k) allows me to borrow up to half for a first-time home purchase. I would receive 5% interest when I pay back the loan to my account.
So check what the interest rate is on the loan. The only drawback is that the amount you take out will reduce your overall 401 (k) balance, lessening the effect of compound interest toward your future retirement goals. Probably not an issue as long as returns are as abysmal as right now!
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