Should You Borrow From Your 401(k)?

A 401(k) is a great tool for saving for retirement. Most of us worry about having a enough money for retirement and 401(k) allows for reducing taxable income and it also is an exempt or protected asset from most all creditors. In counseling individuals with financial problems, I am often asked whether a 401(k) loan is a good idea. It really just depends.Read the full article