If you contribute to a 401(k) retirement account, you may be able to take a loan from the plan. The maximum amount you can borrow is limited to the lower of $50,000 or up to 50% of your vested account ...

When most people contribute to their 401(k) plans, they think about saving up for retirement. However, a few people also use this retirement account as a credit line to cover various expenses. You can ...

Despite the best financial advice, not everyone has a robust enough emergency fund to weather all possible unexpected events or even monthly expenses. It can be tempting to look at other money you ...

However, you also have the option to borrow the money for a house from your 401 (k) to the tune of $50,000 or half the value of your account, whichever is less. But there are several drawbacks. For ...

Starting a business? Here's what to consider first.

More than one in three U.S. workers have taken loans, early withdrawals, or hardship withdrawals from their retirement savings, according to new data from the Transamerica Institute. Personal finance ...

If you're in debt, you're not alone. Experian reports that the average U.S. consumer pays $1,237 in monthly debt across their various obligations. (1) Meanwhile, median weekly earnings for American ...

When Dr. Jill Green decided she wanted to invest in property, she was saddled with student loan debt and didn't have liquid ...

Younger generations cannot afford to buy a home. They cannot even make the down payments necessary to take out a mortgage. Borrowing the down payment from your 401(k) might make sense, especially if ...