Month: December 2020

December 16, 2020

How to Determine if Should Borrow Against 401(k)?

If you’re thinking about borrowing from your 401(k), consider the pros and cons first.Borrowing against your 401(k) is generally frowned upon, but in some circumstances, it can make sense.When you take out a loan from your 401(k), you don’t have to fill out a lengthy application, the interest rate is typically lower than it is for a personal loan or business loan, and there aren’t […]