You can take a loan from your 401(k) plan if necessary, but it runs the risk of jeopardizing your long-term retirement goals, so make sure to consider your options carefully.

A lot of people are struggling to make ends meet given our recent bout of rampant inflation. And if you’re someone without ...

When you are 59, you are getting very close to retirement age. Fidelity says you should aim to have eight times your salary ...

If you're juggling student loan payments and struggling to save for retirement, there's some good news. Thanks to a new provision under the SECURE 2.0 Act, your employer may now he ...

A new study highlights how debt-saddled public and private workers are forced to focus on shorter-term investments and ...

(InvestigateTV) — Vanguard reported that 13% of 401(k) holders had an outstanding loan at the end of 2023. People borrow from their 401(k) for various reasons, such as paying off consumer debt ...

Generally, you should only make 401(k) withdrawals as you enter retirement, but there are certain situations in which you may ...

You might also find yourself considering borrowing from your 401(k). While a 401(k) loan is often quick and typically cheaper than other types of credit, it could also end up jeopardizing your ...

A 401(k) loan that isn’t repaid on time is treated like a retirement plan withdrawal. If you’re not yet 59 and 1/2 years old, that means you’ll risk a 10% early withdrawal penalty on the sum ...