Suze Orman says everyone should invest in a 401(k) - but never use it for this
Briefly

Suze Orman emphasizes that borrowing from your 401(k) means repaying with after-tax money, leading to double taxation when you withdraw your funds in retirement.
Kai Walker advises that before considering a loan or withdrawal from your 401(k), one should explore other financial options such as home equity loans or personal loans.
Read at 24/7 Wall St.
[
|
]