First off, I have no interest doing such a thing. But someone told me that they heard from someone else that this person bought a house using the money in his retirement account, and didn't pay any penalty. Information is extremely vague... what kind of retirement account, which state, and what age did this happen etc.
I know that one can borrow from their 401k to do such a thing and pay it back, but this person insisted that it wasn't that.. I personally don't believe this, but I got curious.. has anyone heard such a thing?
thanks in advance.
I know that one can borrow from their 401k to do such a thing and pay it back, but this person insisted that it wasn't that.. I personally don't believe this, but I got curious.. has anyone heard such a thing?
thanks in advance.
Statistics: Posted by TareNeko — Fri Jul 05, 2024 7:13 pm — Replies 5 — Views 431