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Reply to "Would it make sense to go into 401k to pay down debt?"
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[quote=Anonymous]Depends what kind of debt and at what rate. In general though no. Exception: If you are paying 25%+ interest on some CC debt, I'd argue yes - but id sooner find a way to massively cut back on expenses and pay down the debt without touching 401K. There's no way to 'go back' and put it back once you take it out. [/quote]
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