Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
I remember seeing something about making withdrawls from a 401K for 'emergency purposes'. Is this different from the mechanism for borrowing from your 401K (which you pay back)?

Also, borrowing from your 401K is done through your employer. What if you have large portions of 401K rolled over to institutions like e-Trade? Is there any way to borrow from these funds?

Thanks,

Roger
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.