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PRU 401K Deduction?...
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<blockquote data-quote="Jones" data-source="post: 2921078" data-attributes="member: 4805"><p>There's nothing inherently wrong with that because as you said paying down interest bearing debt is a guaranteed return on your investment. And once you're debt free there are certainly other options, you could continue to buy more properties and turn them into rental units for instance (I know drivers who do this). But if you are going to invest that extra money then the 401k is clearly one of the best options both for the low fees and because it functions as a tax shelter.</p></blockquote><p></p>
[QUOTE="Jones, post: 2921078, member: 4805"] There's nothing inherently wrong with that because as you said paying down interest bearing debt is a guaranteed return on your investment. And once you're debt free there are certainly other options, you could continue to buy more properties and turn them into rental units for instance (I know drivers who do this). But if you are going to invest that extra money then the 401k is clearly one of the best options both for the low fees and because it functions as a tax shelter. [/QUOTE]
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