How to Use Your 401K as Collateral

A 401k is not collateral. You're using it as collateral with the company that has the collateral, which is the insurance company. And they actually will always lend you that money at whatever the stated interest rate is at the time. So often to keep cash moving and let your real estate, help your life insurance, help your real estate,. Help your life Insurance, or you could interplay with the business there and get those dollars borrowed against, paid back, borrowed against,paid back over and over and over again so that they're available and ready to be used.