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Well, I want to invest that money in either gold bullions or in myself. When you say, "if you're able to roll your IRA into a 401(k), depending on the trustee
by hariis 16y ago
Well, I want to invest that money in either gold bullions or in myself.
When you say, "if you're able to roll your IRA into a 401(k), depending on the trustee you could loan yourself half of it in cash",
do you mean, I could loan myself half of it without penalties. How does this work?
- eschutte2 16y agoSome, but not all, 401(k) plans allow you to borrow up to 50% of the balance, at some defined interest rate. You make the payments, principal and interest, back into the 401(k).