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

For most Americans, saving for retirement means opening an employer-sponsored 401(k) plan and contributing to it regularly.

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

401(k) loans have a max of $50,000 or 50% of your vested balance, whichever is less. Repaying a 401(k) loan within 5 years is crucial to avoid tax consequences. Not all 401(k) plans allow loans ...

The stock market, which rumbled into 2025 like a long-distance runner getting its second wind, now seems to be out of breath. Three straight weeks of declines have shaved 9.3% from the value of the ...

In certain instances, you can take out a loan from your 401(k) and repay it over five years. Evaluate your options and try to find other ways to pay off debt, which would allow your funds to grow ...

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

In some cases, an employer might allow a retirement plan loan. This option could help you avoid paying taxes and penalties on the amount withdrawn. “Generally, the interest rate on the loan ...