Should You Take a Loan From Your 401(k)? (And Why The Answer Is Usually No)
Sometimes, it may feel tempting to take a 401(k) loan, especially if you’re strapped for cash. However, doing so comes with costly consequences.
Sometimes, it may feel tempting to take a 401(k) loan, especially if you’re strapped for cash. However, doing so comes with costly consequences.
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions. Visit our Privacy Policy to learn more.