In the News

Title

Stop Robbing Your Own Retirement Account

Document Type

Article

Publication Date

10-12-2015

Abstract

Tapping into your 401(k) plan for a loan or a distribution should be considered only as a last resort for consumers who are short on cash.

Faced with long-term unemployment or an emergency, some consumers turn to taking out a loan or a distribution from their 401(k) if they lack enough savings.