The Miami Entrepreneur

The 60-Day Rollover Rule To Borrow From Your Retirement Plans

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The 60-day rollover rule enables you to borrow money from your retirement plans tax- and penalty-free. However, in general, I don’t think it’s wise to borrow from your retirement plans. If you do, you may get into the habit of robbing your retirement future. You may also have to pay a penalty and taxes for …

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