- It doesn’t affect your credit score. Your 403(b) loan is technically not a debt, so it doesn’t affect your credit score and your chances of getting approved for a traditional loan.
- You don’t have to return early withdrawal. If you cash out on your retirement savings, you don’t have to return the money to your account. (more…)
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The Process of Taking Out Money from 403(b)
The Process of Taking Out Money from 403(b)