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What Is the Interest Rate on a 401(k) Loan? Here’s What to Expect

If you’re considering borrowing from your 401(k), you’re probably wondering about the interest rate. Will it be cheap? Will it hurt your retirement? The answer is more nuanced than “low rate = good deal.” The interest rate matte…

If you’re considering borrowing from your 401(k), you’re probably wondering about the interest rate. Will it be cheap? Will it hurt your retirement? The answer is more nuanced than “low rate = good deal.” The interest rate matters, but it’s only part of the picture. Here’s what you need to know about 401(k) loan rates […]

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