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Term Of The Hour

borrowing individual 401k: Original post by Emily Weller of Demand Media A solo 401k, also known as an individual 401k, allows people who are self-employed to invest in a 401k plan for retirement. The limits for investing in a solo 401k are much higher than for investing in an Individual Retirement Account (IRA) each year. As with a 401k offered through an employer, you can borrow money from your solo 401k without penalty,…

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