The Dangers of Borrowing from Your 401k

If you are considering borrowing from 401k funds, you are taking a large risk with your retirement. A 401k loan comes with a large amount of risk associated with it. Usually there are many better options than a 401k loan. However, if you need a loan, here are some things to consider before borrowing: Eligibility The most important thing to figure out is whether your particular plan allows for...

Continue Article »

When to Borrow from a 401k: Exercising Caution

There are two methods to borrowing from a 401k account. The first is to take a loan against the vested amount you have saved. The second is to withdraw... »

401k Rollover Rules and Restrictions

If you have a 401k, the rollover rules are important because of hefty tax implications. When you change jobs, your 401k plan can rollover to the new account and... »

Avoid these Costly 401k Rollover Mistakes

Dealing with 401k rollovers is something that does not come up very often and therefore is not a process that is fully understood. The 401k industry is highly regulated... »
Average Mortgage Rates, 30YR Fixed
Sponsored Links