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-   -   Finance option??? (http://www.bbq-brethren.com/forum/showthread.php?t=50068)

Bossmanbbq 10-01-2008 09:43 AM

Finance option???
 
I've been trying to figure out how you could tap into a 401k if you have one and found an article that might work for me and maybe some of you and thought I would share it here. Hope this helps....

http://www.aralifestyle.com/article....-with-Your-IRA

And here is the website of the company profiled in the article:
http://www.guidantfinancial.com/info...4-c07d7dd9fe96

Cabntmkr1 10-01-2008 01:39 PM

This sounds very interesting.
I am going to look the information over this evening.
Thanks for the post!:smile:

HB-BBQ 10-01-2008 04:27 PM

I have been considering this option to use for a down payment on our first home as well as a biz. The question is will the banks allow it with the current credit situation and will the funds actually be there? I am sort of afraid to even look at my IRA right now...:eek:

kitch 10-01-2008 04:31 PM

hmmm

sounds like I need to beef up my 401k and IRA's

ON THE FARM 10-01-2008 11:19 PM

With my 401(k) i can take out a loan for 50% of my earnings.

TN_BBQ 10-02-2008 08:16 AM

Quote:

Originally Posted by ON THE FARM (Post 749814)
With my 401(k) i can take out a loan for 50% of my earnings.

Don't forget about the cap.


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