Category: 401K Loan
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401(k) vs Indexed Universal Life Insurance (IUL): The Pros And Cons
401(k) is the most popular and simple retirement vehicle while indexed universal life insurance provides some assurance with the expense of complexity and cost.
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Getting a 401(k) Loan: Why, How, and What to Watch Out For
We discuss several factors one should watch out when getting a 401(k) loan.
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What Happens If You Default on Your 401(k) Loan?
Default on a 401(k) loan has several consequences including your savings, tax, penalties etc.
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Will Default on 401(k) Loan Impact Your Credit Score?
Yes, defaulting on a 401(k) loan does impact your credit score.
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Use Your 401(k) Withdrawal or Loan to Buy a House?
Withdrawal or loan from a 401(k) could be considered an option only if there is a necessity or a unique investment opportunity.