Want to create an interactive transcript for this episode?
Podcast: The Real Investment Show (Full Show)
Episode: 5-31-24 Should You Borrow Against Your 401k?
Description: With weaker economic data trickling in, are Fed rate cuts coming sooner than later? What's the deal with 401k's? The best way to take money out of a 401k; executing an "in-service rollover;" tax implications and fund seasoning details you need to know; remember fees and expense ratios. What about Roth's: pre-tax funds & retirement; making too much money? Dealing with shifts in RMD's: The government wants its revenue sooner than later. Dealing with hardship withdrawals; what is and isn't exempted. The folly of borrowing against a 401k (Hint: Don't do it!) What about collateralizing 401k funds? (See previous comment) 401k...