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CARES Act: Workers Can Now Borrow Up to $100,000 From Their 401(k)
ROBERT POWELL APR 6, 20201:12
Prior to passage of the CARES Act, retirement plan participant loans were limited to $50,000 or one-half of the participant’s vested account balance.
https://www.thestreet.com/video/care...01k-retirement
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ZimpleMoney is an online platform that provides self-service loan accounting and payments. It allows lenders and borrowers to manage their loans online, track payments, and communicate with each other easily.
Here are some of the key features of ZimpleMoney:- Loan management: The platform allows lenders or borrowers to create loan agreements, set up repayment schedules, and track payments.
- Payment processing: ZimpleMoney automates the payment process, so lenders and borrowers don't
02-23-2023, 12:42 PM -
ZimpleMoney's most active users are making loans using their self-direct 401k and IRA's. It is a particularly good strategy if you want to increase your investment yields in a more reliable and consistent way. Take a read!...02-23-2023, 09:43 AM
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Seller Notes are an effective way to get your purchase price and close a sale. Great article here from Live Oak Bank.12-20-2022, 10:57 AM
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There are many good articles about intrafamily loans and how to use them in your estate planning. Here is an article from Schwab that discusses options and alternatives.
https://www.schwab.com/resource-cent...-give-it-away#...12-06-2021, 11:02 AM -
Great article from Erin Spiwak, Partner at James Moore CPA's10-28-2021, 09:42 AM
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CARES Act: Workers Can Now Borrow Up to $100,000 From Their 401(k)
ROBERT POWELL APR 6, 20201:12
Prior to passage of the CARES Act, retirement plan participant loans were limited to $50,000 or one-half of the participant’s vested account balance.
https://www.thestreet.com/video/care...01k-retirement04-27-2020, 12:19 PM