Financial Difficulties Happen
But Is Your 401(k) Account the Answer?
Hitting an unexpected financial rough patch can make the money you’ve saved in your retirement account look like a tantalizing bailout. But it’s important to consider the long-term effects before you make a decision that might really set you back.
In this straightforward infographic, we will provide you with the facts you need to make an informed decision.
- 401(k) loan rules and restrictions
- The detrimental impact of job loss on an outstanding loan
- Subsequent new bad financial habits that can result
- Tips to avoid taking out new loans
The emotional toll of carrying unexpected debt can be powerful. But failing to think about the years and decades ahead can make a bad situation worse. Before tapping in to your retirement savings, please complete the form to the right to receive this free, no-obligation report today!