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, ...

Tapping into your retirement savings early may seem like a risky idea, but there are many reasons why you may have to take money from your 401(k) before retirement. These accounts are meant to support ...

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 ...

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 ...