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thebalancemoney.com
What You Need to Know About 401(k) Loans Before You Take One
Thinking about taking out a loan from your 401(k)? Before you do, make sure you know the rules for 401(k) loans, including repayment, fees, taxes, and more.
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If you have a workplace 401(k) and your plan allows it, a 401(k) loan may be a good option when you need to get your hands on some cash. A 401(k) loan allows you to borrow money you've invested in your retirement account. Here's why you may want to take out this loan. | The Motley Fool
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