you can't borrow more than 50K.

来源: wooddiy 2012-04-20 08:03:05 [] [博客] [旧帖] [给我悄悄话] 本文已被阅读: 次 (387 bytes)
回答: 今年缺钱花,从401K 借了很多.猛牛2012-04-19 16:38:50

Seems none of the other repliers had ever borrowed.

If you calculated, the money is not worth it as its interest though paid to yourself is after tax, then you need to pay another 401K tax when withdraw. It is too much tax on them.

Hence unless you really need that money to pay off 2nd lien or get a short sale, don't apply it; and repay it as quickly as you can.

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回复:you can't borrow more than 50K. -猛牛- 给 猛牛 发送悄悄话 (258 bytes) () 04/20/2012 postreply 08:55:38

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