Skip to main content

Posts

Showing posts with the label borrowingonyour401k

The Insight of Suze Orman: Unveiling the Pros and Cons of Borrowing from Your 401k Plan

Should you or shouldn't you? Suze answers this one in her patented no-nonsense style.... ( read more ) LEARN MORE ABOUT: 401k Plans REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Suze Orman is a renowned financial expert who has been providing sound advice to millions of people for decades. Her knowledge and experience in the field of personal finance make her a trustworthy source of information when it comes to managing one's money. One of the topics she often discusses is borrowing from your 401(k) plan. A 401(k) plan is a retirement savings account offered by employers. It allows employees to contribute a portion of their salary into the account, which is then invested in a range of funds. These funds grow over time, providing a source of income for retirement. However, there may be occasions when individuals find themselves in need of cash and consider borro