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Wealth Advisors | Greg Young
At Wealth Advisors, it’s all about helping create your best 2nd Half. Our focus is on you. Your hopes. Your dreams. Your win. We call it 2nd Half WEALTH.
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Daily Archives: February 28, 2017

retirement plan loan

Taking a Loan from Your Retirement Plan = Bad Idea

2nd Half (Retirement) Planning, 401k and 403bBy Cathy MartinFebruary 28, 2017

Why you should refrain from making this move. Thinking about borrowing money from your 401(k), 403(b), or 457 account? Think twice about that.  These loans are risky and could be injurious to your retirement planning. A loan of this kind damages your retirement savings prospects. A 401(k), 403(b), or 457 should never be viewed like…

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