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Forum nameFinancial Feast
Topic subject401k financing
Topic URL
432, 401k financing
Posted by wal5858, Mon Nov-05-07 08:09 AM
Hello everyone. I heard of a process that enables you to use your 401k without incurring any fees or penalties. The process entails creating a corporation, then establishing a 401k plan for the new corporation, rolling over your 401k funds into the new plan, and then purchasing the company's stock. Has anybody else heard about this program or has the experience in actually setting it up? Greatly appreciated!