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Double Tax on 401(k)?
By Barry C. Picker, CPA/PFS, CFP Question: I hear from some people that I should never borrow money from my 401(k) plan, because the money in the plan ends up being double taxed. Is this accurate? Answer: In a word, no. But before I explain why, let me first emphasize that 401(k) loans are not ideal, […]
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