Financial Blog

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7 Reasons to NEVER Borrow from Your 401(k)

7 Reasons to NEVER Borrow from Your 401(k)

You’re sitting on a pile of cash… and you really need that money now. You’re struggling with debt, having a hard time making ends meet, and that 401(k) money is just sitting there, locked away for the next 20 (or 30 or 40) years. At first glance, it makes sense to tap...