Today’s reality, not every working man/women has the time to understand the financial markets and lacks the trust in Wall Street trading. Yet to leverage the benefit (401k) provided by the employer they continue to invest money in a volatile market. This bill will permit the working man/women to use that same 401k funds to pay down their home mortgage. This change will provides the means for people to reduce debt and better secure their lives and homes, as opposed to paying 2.2m over the loan term (10/20/30yrs) for a house once bought for 500K
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