Is Now the Time to Give Yourself a 401(k) Loan?
Submitted by Sims Investment Management, LLC on August 27th, 2020In planning how to finance a large purchase before age 59 ½, it’s common to consider the idea of taking a withdrawal or a loan from a 401(k) or another retirement account. Taking money from your retirement funds is not a decision to be made lightly and can come with a few undesirable consequences.
