401(k) Down Payment Loans 

If you participate in a 401(k) retirement plan, you are vested in a certain percentage of the money in the plan. Under federal law, you can borrow up to 50 percent of the vested amount at normal interest rates. Many people do just that to come up with the down payment on a home. Although it is a loan, most people are happy with the idea of paying themselves interest instead of a lender.

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