Can I Pay Off Mortgage With 401K?
I want to take out 401K to pay off mortgage and keep investing 6 percent into 401K through my job. Can I do that? Will I have to pay a penalty?
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The only way you are left with is that you can take some loan or borrow money from your friend which you can use in order to pay your 401K loan if you can try the both sources may be you can easily pay the loan.
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