Talking Money: Avoid dipping into your 401(k) (Richmond Times-Dispatch)

You’ve heard me—and likely your financial adviser, the talking heads on CNBC, maybe even your mother or father—say that pulling money out of your 401(k) or other tax-advantaged retirement account before age 59½ is a huge mistake. But what do you do if you’re desperate? If you don’t know where this month’s rent is coming from, you’re having trouble putting groceries on the table or you’re falling …

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Talking Money: Avoid dipping into your 401(k) (Richmond Times-Dispatch)

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