The 401(k) is a great retirement instrument because saving is automatic and investments grow over time. So is it ever OK to ⁠borrow from a 401(k)⁠? Know the “opportunity costs” involved. Also - good news if you like to ⁠check bags⁠ on flights.

401(k) Loans: Segment 1
Ask Clark: Segment 2
No More Lost Luggage!: Segment 3
Ask Clark: Segment 4

Mentioned on the show:

⁠Is a 401(k) Loan a Good Idea? Almost Never⁠
⁠How To Open a Roth IRA⁠
⁠Enrolled agent information | Internal Revenue Service⁠
⁠National Association of Enrolled Agents⁠
⁠Should I Buy an AirTag for My Checked Airport Luggage?⁠
⁠What Is an eSIM? 5 Things To Know⁠ - ⁠GIGSKY - International eSIM Data Plans⁠
⁠Using Cellular Data Internationally: Buying a Local SIM Card⁠
⁠Deposit Insurance FAQs | FDIC.gov⁠
⁠Can I Trust the FDIC’s Recommendations on Getting Insured for More Than $250,000 at a Single Bank?⁠
⁠Are Credit Union Deposits Insured Up To $250,000?

Clark.com resources:

Episode transcripts
Community.Clark.com / Ask Clark
Clark.com daily money newsletter
Consumer Action Center Free Helpline: 636-492-5275

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