Taking 401(k) Loans–11 Pros and Cons You Should Know

What this episode covers

Laura answers a listener’s question about 401(k) loans and using them to pay off credit card debt. She covers 11 pros and cons of taking a loan from a workplace retirement plan, such as a 401(k) or 403(b).Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.Have a money question? Send an email to [email protected] or leave a voicemail at 302-365-0308.Find Money Girl on Facebook and Twitter, or subscribe to the newsletter for more personal finance tips.Money Girl is a part of Quick and Dirty Tips.Links:https://www.quickanddirtytips.com/https://www.quickanddirtytips.com/money-girl-newsletterhttps://www.facebook.com/MoneyGirlQDThttps://twitter.com/LauraAdamshttps://lauradadams.com Hosted on Acast. See acast.com/privacy for more information.

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Frequently Asked Questions

How long is this episode of Money Girl?

This episode is 20 minutes long.

When was this Money Girl episode published?

This episode was published on April 19, 2023.

What is this episode about?

Laura answers a listener’s question about 401(k) loans and using them to pay off credit card debt. She covers 11 pros and cons of taking a loan from a workplace retirement plan, such as a 401(k) or 403(b).Money Girl is hosted by Laura Adams. A...

Can I download this Money Girl episode?

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