© 2024 Money Managers, Inc.
Posts about Loan
Taking a Loan from Your Retirement Plan = Bad Idea
Why you should refrain from making this move. Provided by Marc Aarons at Money Managers, Inc. Thinking about borrowing money from your 401(k), 403(b), or 457 account? Think twice about that because these loans are not only risky, but injurious, to your retirement planning. A loan of this kind damages your retirement savings prospects. […]
Money Managers, Inc. is a Securities and Exchange Commission registered investment advisor. Additionally, Money Managers, Inc. offers Tax and tax-related services. Information presented is for educational purposes only and is not intended to make an offer or solicitation for the sale or purchase of any securities. Past performance is not indicative of future results. All investments involve risk and are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed here.. View our disclosures page HERE.