Entries from 2014-04-12 to 1 day

Ameriprise Financial Abney Associates Team: Borrowing or withdrawing money from your 401(k) plan

If you have a 401(k) plan at work and need some cash, you might be tempted to borrow or withdraw money from it. But keep in mind that the purpose of a 401(k) is to save for retirement. Take money out of it now, and you'll risk running out …