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Advise re 401k loan

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  • Advise re 401k loan

    I currently have a loan on my 401K. Payments are automatically made out of my weekly paycheck. I just received a chunk of money which would allow me to pay off the loan. Is my best move to pay off the loan or is there a better place to put the chunk of money. My goal is to make the most out of every penny but also do so in low risk options.

    Thanks!

  • #2
    pay off high interest debts and then the 401k loan

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