401(k) loans offer participants the ability to borrow against their investment and pay back that loan over time. BUT, investors should be wary about borrowing against themselves and their future. In this podcast, I will discuss the process of borrowing against a 401k, how it may affect your long-term plans, and when, if ever, this strategy is a good idea.
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When You SHOULD Borrow Against Your 401k (401k Loans Explained!)