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Reply to "Explain to me why it's stupid to take $$ from a 401K for a down payment"
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[quote=Anonymous]I will muddy this entire discussion even further by pointing out that while it is typical for 401k loan balances to become due within 60 days of employment termination, that is not the case for all plans. Some will allow you to continue making monthly payments to them if you do not roll your 401k to a new plan. You should check with your employer.[/quote]
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