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Thursday, May 27, 2010

Investors Tap Into 401(k) Money Tax-Free for Business Startups - BusinessWeek

May 27 (Bloomberg) -- Hal Mottet, a Lake Oswego, Oregon, businessman bought a family-owned packaging company for $3.5 million in late 2007, and he and a partner financed 40 percent of the sales price with their retirement money.

Start a 401 K plan today: Pension Plans

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