Congress has decreed that people should have more time to pay back their 401(k) loans if they lose or leave their jobs. That extension isn’t enough to make 401(k) loans safe, though. You’re still risking your retirement security every time you take money out of your plan. Loans from 401(k)s are certainly popular. People can...
The article What Makes 401(k) Loans Risky? originally appeared on NerdWallet.
from NerdWallet
https://www.nerdwallet.com/article/401k-loans/
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