Home > Personal Finance > Retirement
Is it wise to borrow from your 401(k) plan?
Results so far:
| Yes | 25% | 39 votes | Total: 153 votes | |
| No | 75% | 114 votes |
Yes
-
Created on: October 07, 2011 Last Updated: October 11, 2011
To borrow from your own 401 plan is essentially borrowing from yourself. So the question then becomes,
-
by V. Kumar
Created on: August 20, 2008
Whether borrowing from your 401 (k) plan is a wise decision or not depends upon your circumstances,
Join the Debate now.
Write your point of view.
No
-
by Angela Diggs
Created on: September 06, 2008 Last Updated: March 25, 2009
Borrowing from your 401(K) should be a last resort and used only for emergencies. Other than that, it
-
by Art West
Created on: August 19, 2008 Last Updated: August 20, 2008
It is NEVER wise to borrow from your 401k unless it is to keep you from getting your house foreclosed
-
by JQ Adams
Created on: May 07, 2009
As the economy goes through a prolonged rough patch, some of those who are worst hit are looking for
Write and get published
Share with other writers
Polish your freelancing skills
Quality articles from proven freelancers
Exclusive rights, fast turnaround
Brand engagement, business blogging -- our writers do it all
INFORMATION
Copyright © 2002-2012 Helium, Inc. All rights reserved.
Helium.com: A Service of RR Donnelley