Podknife - Taking 401(k) Loans–11 Pros and Cons You Should Know by Money Girl's Quick and Dirty Tips for a Richer Life

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

Podcast |: Money Girl's Quick and Dirty Tips for a Richer Life
Publisher |: Quick and Dirty Tips
Media Type |: audio
Podknife tags |: Business,; Investing,; Personal Finance
Categories Via RSS |: Business,; Education,; Entrepreneurship,; How To,; Investing
Publication Date |: Apr 19, 2023
Episode Duration |: 00:20:20

Description
iTunes Summary

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. girl.simplecast.com/episodes/taking-401k-loans11-pros-and-cons-you-should-know/transcript">A transcript is available at Simplecast.

Have a money question? Send an email to money@quickanddirtytips.com 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

Whether you should take a loan from your workplace retirement plan depends on your financial circumstances and plan for using the funds.