Answers from Top Financial Advisors

Peter C. Karp Level 20
Walter You will need to contact your HR Dept. to find out if your plan allows for loans and the details will be in your Summary Plan Description document. If a loan is allowed it is usually for a minimum amount of $1,000. ...(more)
4 mins ago
Daniel Glanville Level 10
I agree with my colleagues, that you need to make sure you can take a withdrawal or do a rollover. If it a 401(k) with an old company this should not be an issue. However, if it is with a current company you will have to ...(more)
21 hours ago
If you roll over your 401K to a brokerage account set up as an IRA rollover account, almost all investment options are open to you...mutual funds, exchange traded funds (ETFs), options. There is one restriction...the IRS ...(more)
23 hours ago
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