401k Facts
Tips & knowledge to help your 401k planning efforts.Retirement plans, such as 401(k)s, allow people to take loans from their accounts, while traditional pension plans do not allow money to be withdrawn until retirement. Which statement do you agree with most?
It is a little better for workers to be able to take loans (34%) It is much better for workers NOT to be able to take loans (23%) It is much better for workers to be able to take loans (22%) It is a little better for workers NOT to be able to take loans (18%) (SOURCE: Nat'l Institute on Retirement Security)-
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