Average 401(k) Balance by Age (2023 Edition)
Money Guy Show
00:00
401k Loans: What You Need to Know
A lot of 401ks will say, Hey, you know what, if you get into a tough spot, we're going to let you borrow up to either $50,000 or 50% of your vested account balance from your 401k. You need to be cautious about this because there are some big catches. It's probably worth you looking into some more more of our content on the mega back door Roth. And also this is one of those measure twice cut once.
Transcript
Play full episode
