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Old 07-12-2020 | 02:42 AM
  #15  
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duvie
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From: WB Bunkie
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Originally Posted by ThumbsUp
Do you mean that it is a good deal vs taking a loan for the same amount? Or is their some financial wizardry that you can do with that money over what you could do just leaving it it a tax beneficial account?
Its a good deal in the sense that it turns all the Money the company contributed (as a contractual benefit) into normal income essentially. Without the COVID exemption you’d pay 10% penalty to access the money
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