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Tax News July 2016 - "401(k) Plans As Your Personal Piggy Bank"

Tax News July 2016 - "401(k) Plans As Your Personal Piggy Bank"

Tax News July 2016 - "401(k) Plans As Your Personal Piggy Bank"

Excerpt


401(k) Plans As Your Personal Piggy Bank



Short sighted. Impulsive. Terrible idea. Robbing your own retirement. These are just some of the things you will hear in the financial media when it comes to borrowing money from your 401(k) plan. How much of this is reality and how much is myth? We are going to explore how 401(k) loans really work and when they could be a good idea – or the worst plan ever.


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