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Should You Use Your 401k to Buy a Business?
Manage episode 420734585 series 3555686
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Suzy Granger joins Richard Parker and Deb Curtis discuss the pros and cons of using your 401k to buy a business. Many entrepreneurs consider tapping into their retirement savings to fund their entrepreneurial dreams, but is it a wise decision?
We explore the risks and benefits of this strategy, including potential tax implications and long-term financial consequences.
If you're weighing the option of using your 401k to buy a business, this video is a must-watch!
Remember to consult with a financial advisor before making any major financial decisions.
#401k #business #entrepreneurship
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