E219: Understanding 401(k) Loans – How They Work and When to Consider One
April 24, 2024
If you've ever wondered whether you can borrow from your 401(k), the answer is likely yes, but it comes with a host of considerations. Before you consider borrowing from your 401(k), you need to understand the mechanics of 401(k) loans, the potential downsides, and the risks involved.
Understanding 401(k) Loans – How They Work and When to Consider One
[Prefer to read? You can find an article version of this episode here: Understanding 401(k) Loans – How They Work and When to Consider One]
If you've ever wondered whether you can borrow from your 401(k), the answer is likely yes, but it comes with a host of considerations. Before you consider borrowing from your 401(k), you need to understand the mechanics of 401(k) loans, the potential downsides, and the risks involved.
Intro/outtro music credit: eccentric - I Can Show You [Argofox Release] by Argofox