401(k) Loans: Yay or Nay?
In today’s tough economy, you may find yourself struggling to cover your day-to-day expenses. But rising interest rates are making traditional loans more expensive. In such an environment, you might consider borrowing funds from your 401(k) retirement account, if your plan… Read more »
Read Full Newsletter »401(k) Loans, Borrowing from your 401(k), Cautionary Cons, double taxation, early withdrawal penalty, Fees are another considerations, Hardship Withdrawal, Hardship Withdrawal Alternative, Potential Pros