The Motley Fool · Sep 14, 2024
This Common Gen X Finance Move Could Make Retirement a Lot Harder
The article discusses the drawbacks of 401(k) loans, including the loss of investment growth, potential tax implications, and the risk of having to pay back the loan if you leave your job. It suggests exploring other options, such as using an emergency fund or taking out a traditional loan, before resorting to a 401(k) loan.

