Posted 5/25/2015 17:30 (#4590511 - in reply to #4586511) Subject: RE: finance/Ag loan question/scenario - 401K loan to pay for tile
Tri-State Area (WI, MN, IA)
They say with a 401k you have Uncle Sam as a silent partner and he can change tax rates at any time. Tax rates are the lowest they've been since the irs started....so I'd consider a cash out and penalty with today's known low rates. Put in an incoming producing asset like land.