401(k) "Loans": A quick way to sabotage your retirement
At some point in your life you will need a loan to make some sort of purchase. When this need arrives, the first thing you may do is figure out the size of the loan and second, where you will get it from. Many times, taking a “loan” from your 401(k) presents itself as an option. I am going to outline the five reasons on how this can be detrimental to your retirement plan. Read the article here.