401k Loans

LOANS

Pros and Cons of 401k Loans

401k Loans
loans
student loan
type of loan

If you are in need of cash, you may consider taking out a 401(k) loan. With a 401k loan, you are basically lending money to yourself. You can typically take out up to 50 percent of your retirement funds or $50,000, whichever is less. Your employer sets the terms of a 401(k) loan, which must […]

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