Home loan Taking a home loan is easy, but repaying it on time can be challenging. Most people find it difficult to repay ...
You can take a loan from your 401(k) plan if necessary, but it runs the risk of jeopardizing your long-term retirement goals, so make sure to consider your options carefully.
One of my first positions was in a 401(k) call center, where one of the most common questions people asked was about taking a plan loan to pay off their credit card debt. When I went to my manager ...