One of the worst things you can do is take a loan from your 401(k), says Suze Orman. Remember, with a traditional 401(k), you ...
Increased plan contribution rate may lessen the impact of 401(k) loans on saving, according to the Pension Research Council.
Financial advisers call it "leakage," a dangerous habit that drains retirement accounts to pay for today's wants. But new research suggests that 401(k) loans are rarely used for frivolous spending, ...
The Trump administration's proposal to let you tap your 401(k) for a house down payment already exists under current IRS rules. However, pulling money out comes with costly consequences.
When workers borrow from their defined contribution plans, the money is most often directed toward healthcare or housing expenses rather than discretionary spending. A new analysis from the Employee ...
Despite the best financial advice, not everyone has a robust enough emergency fund to weather all possible unexpected events or even monthly expenses. It can be tempting to look at other money you ...
When I read that Securian Financial is joining forces with Custodia Financial to bring their “Retirement Loan Protection” (RLP) program into more in-plan offerings, I immediately thought about how ...