and for all? Taking a 401(k) loan can be tempting, but here’s what happens when you take out a loan on your 401(k): You’re limited by what the Internal Revenue…
choice. Others, like Forbes contributor Colleen Oakley, say 401(k) loans should be your last choice. The Championship Match: 401(k) Plan Loans vs. Life Insurance Policy Loans To settle this once…
conventional financial wisdom, I’m used to that, so here goes… 401(k)s are a scam. Want proof? Here Are Six Reasons Why 401(k)s Are a Scam… Reason #1: The 401(k) Tax-Deferral…
deal with all this? Are there good alternatives to 401(k)s?” Let’s take a look at the drawbacks to 401(k)s and good alternatives to them. The 401(k) drawbacks include: Unpredictable market…
can actually bank on yourself. Think of being able to tell your banker or 401(k) loan committee to go take a hike! Wouldn’t you prefer a loan without government restrictions,…
are in for a rude awakening about a coming stock market correction—most just don’t know it yet,” writes financial journalist Leslie Kramer for CNBC. “No one knows when the crash…
seven frightening facts you should know about 401(k)s… Frightening 401(k) Fact #1: Your employer can – and probably is – making risky decisions on how to invest your money for…
these four kinds of 401K withdrawals: 1. 401K Hardship Withdrawal Rules More on 401(K)s Why the “Father” of the 401(k) Now Favors Bank On Yourself Instead Why 401(k) Proponents Now…
simply push the “autopilot” button and check back again in two or three decades to see how large your financial stockpile has grown? The 401(k) industry has made the process…
to admit in my own 401(k) 10 years ago. So I try to learn from my mistakes.” 3. 401(k)s and IRAs have been “hijacked” by Wall Street “The third danger…