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The Risks of Taking a 401(k) Loan – U.S. News & World Report

loans - Google News Jun 9th, 2014 Loans.



The Risks of Taking a 401(k) Loan
U.S. News & World Report
An average of 13,000 401(k) participants take a loan each month for a median of about $4,600, according to an analysis of 900,000 401(k) participants by the University of Pennsylvania's Pension Research Council. About 10 percent of borrowers default on ...

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