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Money Girl

Taking 401(k) Loans–11 Pros and Cons You Should Know

Whether you should take a loan from your workplace retirement plan depends on your financial circumstances and plan for using the funds.

Broadcast on:
19 Apr 2023

Laura answers a listener’s question about 401(k) loans and using them to pay off credit card debt. She covers 11 pros and cons of taking a loan from a workplace retirement plan, such as a 401(k) or 403(b).

Money Girl is hosted by Laura Adams. A transcript is available at Simplecast.

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