Topic
401(k) Loans
11 published works
The Business of Benefits
DC Plan Innovation and RLP
By Robert Toth
Business Wire published a news release today announcing the new strategic relationship between Securian Financial and Custodia Financial regarding Custodia’s Retirement Loan Protection (RLP) program—"a first-of-its-kind, in-plan feature that helps…
Feher Law Blog
Why borrowing against your 401k is not a good idea
If you are struggling to pay your bills, taking a loan against your 401k or taking any money out of a retirement accounts is not a good idea for two…
Wills, Trusts & Estates Prof Blog
Economists Urge People To Reconsider Borrowing From 401(K)s
In the United States it is very easy for people to borrow from 401(K) plans, often times it only takes a few clicks of the mouse. IRS rules even permit…
The Retirement Plan Blog
401(k) Loans: A “Temporary Band-Aid”?
By Jerry Kalish
That’s not my metaphor which is why it's in quotes. It belongs to Eve Tahmincioglu, the Career Diva, about whom I wrote in 2008. Eve wrote a blog post about…
Benefit Notes
Are your 401(k) participant plan loans in compliance with the tax and ERISA rules?
According to the Tax Exempt and Government Entities Division of the Internal Revenue Service (IRS), one out of every four (25%) of 401(k) plans surveyed in a recent study…
The Retirement Plan Blog
Your 401(k); Another Way to Borrow
By Jerry Kalish
Over at Slate's BizBox blog, a special promotion by Open from American Express, I posted an article that discusses the pros and cons of borrowing against your 401(k) account. Check…
The Retirement Plan Blog
401(k) loan? Just stop by the 401(k) ATM
By Jerry Kalish
I've written several articles about 401(k) loans in the past pointing out the negatives, and at one point I asked the question, Are 401(k) accounts piggy banks? Well, excuse me…
Labor Law Prof Blog
401(k) Loans
Retirement Plan Blog explains why you should not borrow from your 401(k) to finance your Christmas shopping.rb
The Retirement Plan Blog
401(k) participant loans on the increase, but not always a good thing to do
By Jerry Kalish
Tight credit and a slumping housing market that has reduced the use of home equity as a loan source is causing people to look in other directions to borrow money.…
The Retirement Plan Blog
Are 401(k) accounts piggy banks?
By Jerry Kalish
In a earlier post, I asked the question whether 401(k) loans were easy money and discussed both sides of the questions. Yesterday, Walter Updegrave, MONEY Magazine senior editor, in his…