401k loans

The Dangers of 401(k) Loans

Dipping into your 401(k) plan is tantamount to journeying into the future, mugging your 65-year-old self, and then booking it back to present day life. And yet, a new study finds that one in four workers resorts to taking 401(k) loans each year.

Year-End Review: Five 401(k) Must-Dos Before 2013

The end of the year is fast approaching, so you've only got a few days left to make changes to your 401(k) for 2012. These five tips will help you make the most of that limited time, and put you on track in your efforts to make your golden years as comfortable as possible.

401(k) Rules You Need to Know

Saving for retirement is a constant struggle. In your own personal fight to retire rich, a 401(k) can be one of your most potent weapons. But...

Borrowers Beware: 401(k) Loans Hold a Hidden Risk

If you're in financial trouble, borrowing from your 401(k) may look smart -- at first. There's no application process, and the low interest you pay goes back into your account -- you're paying it to yourself. Unfortunately, those benefits come with a catch.

Fearful Investing Is Hazardous to Your Financial Health

Many investors are taking steps to make themselves feel safer in this uncertain economy: jumping out of stocks, buying bonds, or even dabbling in the high risk end of the pool looking for bigger returns. But that sort of short-term strategy could jeopardizing your retirement.