Tip - Withdrawing vs. Borrowing From 401(k) to Pay Credit Card Debt

Published  | Submitted by Ron Perry
Withdrawing vs. Borrowing From 401(k) to Pay Credit Card Debt

When downsizing or job loss makes credit card debt unbearable, the 401(k) money looks tempting. But whether you take it or borrow against it, know the consequences
Tags: earnings,pay taxes,card debt,IRS,credit counseling,foreclosure,Internal Revenue Service,tax bracket,current credit card,interest rate,taxes,credit card debt

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Posted: 9 years, 1 month(s) ago

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