Borrowing Early from the 401(k): advantages and disadvantages

A 401(k) account could possibly be a substantial asset and a tempting supply of funds to cover one thing you’ll need. Many 401(k) plans today allow individuals to borrow from their records, with funds paid back in degree quantities over a length of less than 5 years (longer if they’re utilized to get a major residence). Companies aren’t their workers’ monetary advisors....
read more