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		<title>Financing through 401K loan</title>
		<link>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm</link>
		<description>Financing through 401K loan</description>
		<lastBuildDate>Sat, 30 Jul 2011 3:43:03 GMT</lastBuildDate>
		
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				<title><![CDATA[Interest rates on the site have ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm</link>
				<description><![CDATA[Interest rates on the site have offered considerably better value than those on the high-street. On average, 6.8% was available for savers in the 36-month market, with a high of 7.2% and a low of just 6.3%. The average rate in Ra]]></description>
				<pubDate>Sat, 30 Jul 2011 3:43:03 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm#776188</guid>
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				<title><![CDATA[Matt,
If/when you leave your em]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm</link>
				<description><![CDATA[Matt,
If/when you leave your employer - the amount you borrowed from your 401k will, if not immediately repaid, become a distribution which creates a tax obligation for you. So you would pay taxes on that amount as "regular" income plus the pena]]></description>
				<pubDate>Sat, 30 Jul 2011 3:43:03 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm#763166</guid>
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				<title><![CDATA[I don't know whether I was smart]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm</link>
				<description><![CDATA[I don't know whether I was smart to do so, but I borrowed the max allowed from my 401K this very evening. My check should be in the mail within a few days. Starting my cafe is my future. If I make the income my cafe projects, I'll be able to put togethe]]></description>
				<pubDate>Sat, 30 Jul 2011 3:43:03 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm#763152</guid>
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				<title><![CDATA[The 401k funding option is gaini]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm</link>
				<description><![CDATA[The 401k funding option is gaining momentum in entrepreneur circles, and as a growing number of baby-boomers find themselves prematurely out of work.  Companies like Guidant Financial Group ]]></description>
				<pubDate>Sat, 30 Jul 2011 3:43:03 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm#762501</guid>
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				<title><![CDATA[No mentioned is this.&nbsp; If y]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm</link>
				<description><![CDATA[No mentioned is this.&nbsp; If you are married, death is the same as leaving the company.&nbsp; That full amount is due by your spouse immediately.&nbsp; Do you want to leave her with that burden?&nbsp; Save up and pay cash for it.
]]></description>
				<pubDate>Sat, 30 Jul 2011 3:43:03 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm#645555</guid>
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				<title><![CDATA[Ravi:
Some employer`s allow you]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm</link>
				<description><![CDATA[Ravi:
Some employer`s allow you to borrow from your 401k account - many do not. 
As previously mentioned, if you leave the company - your loan would need to be repaid or would become an early withdrawal and be subject to tax a nd penalty]]></description>
				<pubDate>Sat, 30 Jul 2011 3:43:03 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm#645554</guid>
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				<title><![CDATA[I will admit to be new to this, ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm</link>
				<description><![CDATA[I will admit to be new to this, but I have been researching this topic recently and there is a bit more to it TJG.&nbsp; What you are describing is a loan from a 401 (k).&nbsp; There is another way to do it, however.&nbsp; You incorporate a C corporatio]]></description>
				<pubDate>Sat, 30 Jul 2011 3:43:03 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm#645553</guid>
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				<title><![CDATA[In bootstrapping your venture ..]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm</link>
				<description><![CDATA[In bootstrapping your venture ... that is the last resort to go ...&nbsp;short of&nbsp;withdrawing from your 401K early.
The reason being is that when you borrow from your 401K only 50% of your "contributed amount" (not the employers matching fu]]></description>
				<pubDate>Sat, 30 Jul 2011 3:43:03 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm#645552</guid>
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				<title><![CDATA[Hello,
I am in the process of s]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm</link>
				<description><![CDATA[Hello,
I am in the process of starting a new business and recently learned about possibility of financing my startup through my 401K.&nbsp; It sounds like a good concept (my 401k stays in tact while I get a loan against it).&nbsp; Has anyone her]]></description>
				<pubDate>Sat, 30 Jul 2011 3:43:03 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Financing-through-401K-loan.htm#645551</guid>
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