Borrowing From Your Plan

Topics:
Amortization,
Commercial Banking,
Retirement
Tags:
Finance,
Financial,
Financial Accounting,
Investopedia
Source:
Investopedia

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Overview: While most of them would rather not take money from the retirement plans until after one retire. Luckily, most qualified plans offer employees the ability to borrow from their own retirement assets and repay that amount with interest to their own retirement account. If one finds himself in a financial bind, he may be considering obtaining a loan to meet his immediate financial needs.

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Format: HTML | Date: Jan 2006 | Pages: 4

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