401(k) Withdrawals May Sound Like Easy Money, but Consider This Instead
You want to do everything in your power to save your retirement accounts just for that: retirement. Unfortunately, that's not always possible, and some unforeseen circumstances can put you in a desperate financial situation. If you find yourself in this situation, know that you're not the first person it's happened to, and you definitely won't be the last.
Taking an early withdrawal from your 401(k) may seem like the easy way to go during these times, but make sure you're aware of the implications and exhaust other options first.
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Source Fool.com
