Taking money out of retirement funds to purchase cards

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#10

09-12-2022, 10:32 AM

Republicaninmass Republicaninmass is offline

T3d $h3rm@n

Member

Join Date: May 2009

Posts: 8,581

I believe you can withdraw without penalty from a traditional 401k without penalty if you replace it within 90 days.

So many kids over on blowout using credit cards to buy modern boxes from panini, grade the cards on their credit card, just to flip and pay the card off before interest accrues. A dangerous game of hot potato.

But cards only go up

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