A 401(k) plan is a tax-advantaged retirement account offered by many employers. There are two basic types—traditional and ...
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401(k) Loan Interest Rate: Rules and Costs Explained
Borrowing from your 401(k) might sound appealing when you need quick cash. After all, the typical 401(k) loan interest rate is low — usually the prime rate plus 1%, and you’re essentially paying ...
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