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Old 04-17-2016, 11:47 AM   #4
Cam 6
 
Drives: 2018 Colorado ZR2
Join Date: Aug 2015
Location: Ohio
Posts: 557
Quote:
Originally Posted by crabman View Post
The best way is to pay cash. Alternatively you can take a loan out from your SEP, 401k, etc and pay interest to yourself. It's a good way to sneak more money into your retirement if you're capped.
There is a penalty for removing retirement funds outside of a hardship situation, correct? I'm thinking it is 10%.
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