Finance option???

Bossmanbbq · 10-01-2008, 09:43 AM

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!

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...

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

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

Don't forget about the cap.

10-01-2008, 09:43 AM	#1
Bossmanbbq is One Chatty Farker Join Date: 12-03-05 Location: Colorado Downloads: 0 Uploads: 0	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 __________________ Bossman www.bossmanbbq.com Peoria Custom Pit 24x72Treager Texas Style Smoker Whole Hog Country Smoker* " You can put all of the sauce on it you want, but you still have to master the art of cooking barbecue" - Mike Mills-

10-01-2008, 01:39 PM	#2
Cabntmkr1 is Blowin Smoke! Join Date: 08-19-07 Location: Wichita, Ks. Downloads: 0 Uploads: 0	This sounds very interesting. I am going to look the information over this evening. Thanks for the post! __________________ New Braunfels Black Diamond Backwoods Patio Smoker ET-73 Maverick Wireless Thermometer ServSafe Certified Déjà Moo - The feeling you've heard that bull before.

10-01-2008, 04:27 PM	#3
HB-BBQ is Blowin Smoke! Join Date: 06-14-07 Location: Huntington Beach, CA Downloads: 0 Uploads: 0	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... __________________ Lang 36 custom, Backwoods Patio, Horizon Patriot, UDS by Norco, Spirit E-310

10-01-2008, 04:31 PM	#4
kitch Full Fledged Farker Join Date: 08-07-08 Location: MN Downloads: 0 Uploads: 0	hmmm sounds like I need to beef up my 401k and IRA's __________________ UDS Black Weber 22.5", Happy Cooker 22.5", Red Web-her 22.5"-H, Brown Weber 22.5"-1970-1979 era best guess. Wine Oak Barrel -converted to a UDS SNPP Barrel cut in half and an barrel becoming an UDS

10-01-2008, 11:19 PM	#5
ON THE FARM Full Fledged Farker Join Date: 07-07-08 Location: FARMERSVILLE, TX Downloads: 0 Uploads: 0	With my 401(k) i can take out a loan for 50% of my earnings. __________________ EZ-Corer - The fastset and EZ-est Jalapeno corer/de-seeder around!!! www.wyldmanspice.com

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