Despite the late start, the situation is far from hopeless.

Finance experts often advise against borrowing from your 401K or other defined contribution retirement plan because it could put your retirement at stake. “When your 401(k) or IRA becomes an ATM, you ...

KEY TAKEAWAYS Student loan borrowers typically have more trouble contributing to their retirement accounts compared to their ...

"I don't see any other way than working up until my last day," Jordan Hendrickson, who has over $500,000 in student loans, ...

Health expenditures increased by at least 10% the same year in 51% of households in which a retirement plan participant took a plan loan. Participants who took loans from their 401(k) plans in 2021 ...

In a recent monthly newsletter from IRA expert Ed Slott, a discussion of loan options from retirement accounts referenced a recent study by Fidelity, which found that since 2021 the percentage of ...

Taking a 401(k) loan may not be as detrimental to a participant’s retirement saving as is widely thought, according to new research from the Pension Research Council of the Wharton School of the ...

When workers borrow from their defined contribution plans, the money is most often directed toward healthcare or housing expenses rather than discretionary spending. A new analysis from the Employee ...