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Retirement > 401(k)s & IRAs
Borrowing from 401(k) ?
June 6, 2000: 12:18 p.m. ET

If you're looking to borrow money from your 401(k), beware of the outcome
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NEW YORK (CNNfn) - With interest rates edging up, consumers are less likely to take out loans from the bank.

  VIDEO  
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But millions of investors are taking out loans from themselves through their 401(k)s and paying themselves the interest.

Still, retirement experts say this method of borrowing comes with strings attached. CNNfn's Susan Lisovicz has the story. Back to top





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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.