你应该从401(k)账户中借钱吗??
The average household with revolving credit card debt had a balance of $7,876 as of March 2023. For the average household carrying credit card debt, 这相当于每年1美元的利息,380. With the average credit card annual percentage rate sitting at 22.7%, it represents an expensive way to fund spending.1,2
这让很多人不禁要问, "Does it make sense to borrow from my 401(k) to pay off debt or to make a major purchase?"3
从401(k)计划中借款
- No Credit Check—If you have trouble getting credit, borrowing from a 401(k) requires no credit check; so as long as your 401(k) permits loans, 你应该可以借.
- More Convenient—Borrowing from your 401(k) usually requires less paperwork and is quicker than the alternative.
- Competitive Interest Rates—While the rate you pay depends upon the terms your 401(k) sets out, the rate is typically lower than the rate you will pay on personal loans or through a credit card. Plus, the interest you pay will be to yourself rather than to a finance company.
401(k)贷款的缺点
- Opportunity Cost—The money you borrow will not benefit from the potentially higher returns of your 401(k) investments. Additionally, many people who take loans also stop contributing. This means the further loss of potential earnings and any matching contributions.
- Risk of Job Loss—A 401(k) loan not paid is deemed a distribution, subject to income taxes and a 10% penalty tax if you are under age 59½. 一般, 你应该换工作还是被解雇, you must repay a plan loan within five years and must make payments at least quarterly.4
- Red Flag Alert—Borrowing from retirement savings to fund current expenditures could be a red flag. 这可能是超支的迹象. You may save money by paying off your high-interest credit-card balances, 但如果这些余额再次上升, 你可能伤害了你自己.
Most financial experts caution against borrowing from your 401(k), but they also concede that a loan may be a more appropriate alternative to an outright distribution if the funds are absolutely needed.
1. NerdWallet.com, 2023
2. TheBalance.2023年1月10日
3. Once you reach age 73 you must begin taking required minimum distributions from your 401(k) or other defined-contribution plans in most circumstances. Withdrawals from your 401(k) or other defined-contribution plans are taxed as ordinary income and, 如果在59岁半之前服用, may be subject to a 10% federal income tax penalty.
4. 国税局.政府,2023
The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. 请咨询法律或税务专业人士 for specific information regarding your individual situation. This material was developed and produced by 消费品套件 to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named broker-dealer, 国家或证券交易委员会注册的AG捕鱼王新版app下载咨询公司. 所表达的意见和 所提供的资料仅供一般参考, and should not be considered a solicitation for the purchase or 出售任何证券. 版权 消费品套件.
