A 401(k) loan allows you to borrow funds directly from your retirement savings, which you then repay with interest back to ...

A growing share of Americans are dipping into their retirement nest eggs to handle immediate financial challenges, ...

On the other hand, a 401(k) loan allows you to borrow money from your own retirement savings. You must repay it with interest within a specified timeframe, typically five years. Importantly, 401(k) ...

Under the Employee Retirement Income Security Act (ERISA), your 401 (k) funds are typically protected from creditors and ...

Many more individuals are now participating in 401(k) retirement plans than ever before. New regulations have made it easier ...

Balancing student loan payments and retirement savings has always been a challenge. However, a new provision under the SECURE ...

A 401(k) loan can be a great idea on paper but rarely in practice. There is a definite opportunity cost to taking out a 401(k) loan. If you take a 401(k) loan out, you are going to miss out on the ...

Discover effective strategies for securing a loan with no credit. Learn options, application tips, and how to build your ...

Generally, workers have to wait until they are 59 1/2 ( or 55 in certain cases ) to take 401 (k) distributions penalty-free. So, those who take a hardship withdrawal before 59 1/2 have to pay a 10 ...

If you are facing early retirement or sudden loss of your federal career, it is a good idea to have a generous cushion of ...

There are consequences to a 401K withdrawal, which are important to understand before you decide to use it for emergency ...