When you borrow money from a 401k, investments in your 401k account are sold so cash can be distributed to you upfront.

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

In today's time, due to rising inflation and needs, people need to take loans sometimes. In such a situation, as long as you ...

Millions of borrowers are in the tough position of owing student loan debt from college while nearing retirement age. New ...

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 ...

In this situation, your 401K may be able to help you get by. If you’re eligible, you can access your 401K funds through a loan or withdrawal. While taking money out early can incur penalties and taxes ...

Retiring with debt can make concerns about outliving your savings even more pressing because a significant chunk of your ...

The new tax regime simplifies income tax, but with fewer deductions in play, taxpayers must make the most of the available ...

Seniors should carefully evaluate both home equity borrowing options before applying. Here's what to consider now.

Graduating from law school is an exciting milestone, but it often comes with a mix of emotions — pride, relief, and maybe ...