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Borrowing From Yourself

Easy Money?

As the economy nose-dives, a debit card for your 401(k) is stirring up controversy.

When the gas tank is empty, the mortgage is due, or your spouse’s job has just been cut, it’s natural to search everywhere for the cash to keep up financially. That’s when tapping into your retirement nest egg can become increasingly tempting—especially when it’s as easy as swiping a card at the cash register. And that’s exactly what the 401(k) debit card will let you do. … Back to Article

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