Comments on: The Best Order To Take Out Money https://eliteedgemoney.com/best-order-to-take-out-money/ Money | Minimalism | Mohawks Wed, 15 Nov 2017 19:57:21 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: J. Money https://eliteedgemoney.com/best-order-to-take-out-money/#comment-241381 Wed, 07 Sep 2016 19:48:21 +0000 https://staging.eliteedgemoney.com/2009/07/the-best-order-to-take-out-money/#comment-241381 Yay! The first comment in years! :)

(we had some earlier but switching blogging platforms erased them all – d’oh).

Good to know about the Roth thing – didn’t realize that limitation!

]]>
By: Jacq https://eliteedgemoney.com/best-order-to-take-out-money/#comment-241348 Wed, 07 Sep 2016 11:36:53 +0000 https://staging.eliteedgemoney.com/2009/07/the-best-order-to-take-out-money/#comment-241348 I’d tap my brokerage account before a bank loan, personally. I consider my 401k not to be touched. Like you said, something big is going down if I ever consider taking a loan against it.
To note with Roth, you can take out the money you put it but you can only ‘repay’ to the yearly limit. I looked into it for assessing funds to buy a house, but if I took out say 7000, I’m capped at putting 5500 back in per year.

]]>