401(k) loan questions

401(k) Loan FAQ: How Do They Work?

The majority of 401(k) providers offer a loan provision that allows participants to loan themselves money from their 401(k)’s at a relatively low-interest rate. We often get questions about whether it’s a good idea to loan yourself money from your 401(k). While it can seem attractive on the surface due to low-interest rates in addition […]

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