How To Get Money From A 401K Retirement Plan?

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    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    Most advisers recommend using other assets first before borrowing or surrendering part or all of your 401(k) plan. Most 401(k) plans charge interest for plan loans and require a pay back schedule. Keep in mind that loans may prohibit transfers to other qualified plans or force the administrator to issue a 1099 if you terminate your 401(k),
    Answered on August 8, 2013
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