A down payment on a home will probably be the biggest transaction you’ll ever make in your life… and if you’ve been diligent about contributing to your 401(k), you might be tempted to fund your down payment from that nest egg. It’s allowed, but comes with strings attached. Nicole explains the 411 on using a 401(k) to buy your dream home.
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Encore: “We finally have some extra money. How should we spend it?” (Listener Intervention)
Originally aired 10.19.21 Today’s Money Rehabbers (AKA the best couple ever) have had some good news in the money department...
