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Brown Cafe UPS Forum
UPS Retirement Topics
When can you start contributing to the 401k
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<blockquote data-quote="purplesky" data-source="post: 1367842" data-attributes="member: 23628"><p>I don't like 401k loans because you use after tax money to pay back the loan. </p><p></p><p>I think a combination of cash flowing college and government loans is a better way to go for funding college. </p><p>You can always just throw money at a student loan and pay it off fast. </p><p></p><p>Plus if you lose your job you have to pay off a 401k loan almost immediately to avoid penalties.</p></blockquote><p></p>
[QUOTE="purplesky, post: 1367842, member: 23628"] I don't like 401k loans because you use after tax money to pay back the loan. I think a combination of cash flowing college and government loans is a better way to go for funding college. You can always just throw money at a student loan and pay it off fast. Plus if you lose your job you have to pay off a 401k loan almost immediately to avoid penalties. [/QUOTE]
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UPS Retirement Topics
When can you start contributing to the 401k
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