Financial gurus have written a lot about the pros and cons of 401(k) loans. It’s still a hotly-debated topic. One of the biggest potential drawbacks comes into play if you leave your job while you still have an outstanding loan from your 401(k) plan. So today, let’s take a look at what happens when you pull money from your 401(k) and whether you should borrow elsewhere to return the funds to your retirement account.
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