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Did You Know That . . . ?
Posted By Alan L Sklover On September 4, 2010 @ 1:00 am In Did You Know | No Comments
If you face financial hardships – including medical, college tuition or mortgage financial difficulties you can take either a “Hardship Withdrawal” or “Loan to Yourself” from your 401k savings. There are rules and limitations, but this may be a wise way to deal with truly difficult circumstances. For info, go to www.IRS.gov or consult with your tax professional.
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