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Re: Whats Fair When it Comes to Taxes?
Quote:
Originally Posted by firstdown
Your last post said it was smart to use your 401 then I showed the rules that its only to be use as a hardship use. My point was if your that hard up its probably not the best time to buy a home.
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I told, most people take out a loan and there is no need for a hardship withdrawal. I said to you can't conclude the wisdom of it without knowing an individuals circumstance. Not everyone is in the same boat and I gave myself as an example. You don't have to be hitup for money to take money from your 401k.
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