Using a home equity line of credit or a personal loan1 Withdrawing from a Roth IRA—contributions can be withdrawn any time, tax- and penalty-free Note that you will pay taxes and penalties on any earnings withdrawn. How do you take a withdrawal or loan from your Fidelity 401(k)? If...
Credit-card debt is cited as the top reason people take a 401(k) loan, according to research from Fidelity Investments. Edelman at Edelman Financial Services, who believes all 401(k) loans are a bad move, said that on top of the short-term risks, the long-term implications are the bigg...