A 401(k) loan lets you borrow from your retirement account, while a personal loan is a lump sum from a lender ...

Defaulting leads to a 10% penalty and potential loss of future investment gains.

The math on credit card debt is brutal right now, but the fix you choose could cost you more than the debt itself.

Tapping retirement funds to pay off debt may have short- and long-term drawbacks. If you are facing a hardship, you may be ...

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 ...

A 401(k) loan does not appear on your credit report because it isn’t considered a loan from a third-party lender. When you borrow from your 401(k), you’re borrowing your own money. As such, it isn’t ...

Quick Read 401(k) loan of $50,000 costs Sarah roughly $100,000 in retirement balance by age 65 due to lost compounding and ...

Taking a 401(k) loan may not be as detrimental to a participant’s retirement saving as is widely thought, according to new research from the Pension Research Council of the Wharton School of the ...

Financial advisors call it "leakage," a dangerous habit that drains retirement accounts to pay for today's wants. But new research suggests that 401(k) loans are rarely used for frivolous spending, ...