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Taking a 401(k) Loan or Withdrawal? Here’s What to Know

When facing financial challenges, individuals may consider taking a 401(k) loan or withdrawal as a potential solution. A 401(k) loan refers to borrowing money from one's own 401(k) retirement savings, ...
The Motley Fool

401(k) Hardship Withdrawals Are on the Rise, According to Recent Report. Here's What They Are, and What They Mean for Your Retirement Account.

Vanguard recently released its "How America Saves 2025" report. The data reveals that 401(k) hardship withdrawals have been on the rise since 2020. It's best to avoid withdrawing money early from your ...
AOL

Thinking About Taking a 401(k) Loan? 5 Things to Know First

A 401(k) loan could help you avoid the taxes and penalties that come with early 401(k) withdrawals. Employers have discretion about whether to allow 401(k) loans. A 401(k) loan may set your retirement ...
Investopedia

Emergency Withdrawals: Is Your 401(k) or IRA the Better Option?

Kristina Byas is contributor at Investopedia. As a personal finance expert, she has lent her insights and knowledge to numerous financial publications. Her articles have helped readers navigate the ...
AOL

When Making an Early Withdrawal From a 401(k) Makes Sense

While an early withdrawal from a 401(k) may have a long-term impact on your retirement fund, it is sometimes necessary. You should still try to limit such a withdrawal to situations that allow you to ...
Investopedia

Early 401(k) Withdrawals Could Cost You $100K—Here’s How to Protect Your Retirement

Adam Palasciano is a writer over three years of experience writing about personal finance, investing, student loans, and more, for outlets like GOBankingRates, FinanceBuzz, The Penny Hoarder, and Wall ...