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Free minder
Join Date: Nov 2001
Location: Middlessex county, MA
Posts: 9,422
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If I understand well, one can borrow money from his own 401k, and repay it with after tax dollars with interests that are added to the 401k.
Now, there is a limit of 5 years on these loans, except for the primary residence. So, could I refinance my home with my own 401k , and keep all the interests into it instead of giving them to a bank?
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1978 SC Targa, DC15 cams, 9.3:1 cr, backdated heat, sport exhaust https://1978sctarga.car.blog/
2014 Cayenne platinum edition
2008 Benz C300 (wife’s)
2010 Honda Civic LX (daughter’s)
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