And if you are under 59 1/2 you will also be subject to 10% penalty on top of your tax bracket on any balance considered a taxable distribution .........however, paying yourself 4% interest instead of a loan company 10 or 12% is a big big positive...your payments are a lot lower, you can make payments quarterly instead of monthly,and thats a 14 to 16 % swing that goes in your pocket
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