Episode 5, The Marshall Art of borrowing from your 401(k) OR borrow from your 401, not ok!

Written By Craig Marshall

You actually pay taxes not once, but twice when you borrow from your 401(k). I don’t know about you, but I don’t like paying taxes in the first place, but I have to; but paying them twice, I don’t have to.  Repayments are made with after-tax dollars. Then in retirement, when you withdraw that money? You get taxed again. Yep, same money, taxed twice!

Craig Marshall
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Episode 6, The Marshall Art of effectively using credit cards OR shop till you drop, a real problem!
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Episode 4, The Marshall Art of determining your 401(k) contribution OR getting the 411 on your 401, k!