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

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-newsletter https://www.facebook.com/MoneyGirlQDT https://twitter.com/LauraAdams https://lauradadams.com Hosted on Acast. See acast.com/privacy for more information.

Episode metadata supplied by the publisher feed · Published Apr 19, 2023

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

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This episode is 20 minutes long.

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This episode was published on April 19, 2023.

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