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▲ pmalynin 4 hours ago

Incredibly terrible example because you are allowed to borrow money against a 401k, up to $50000 with no penalties as long as you pay yourself back at whatever schedule you have determined for yourself

▲binlog 3 hours ago | parent | next [-]

Is Larry page borrowing “up to $50000”?

▲pmalynin 3 hours ago | parent | next [-]

No but he’s also not borrowing against his 401k? You and I can also go and borrow against stocks held in regular accounts? https://us.etrade.com/bank/line-of-credit

▲twoodfin 3 hours ago | parent | prev [-]

Does Larry Page’s brokerage account pay no taxes on dividends like a 401(k)?

▲ 2 hours ago | parent | prev [-]
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