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Tapping retirement funds to pay off debt may have short- and long-term drawbacks. If you are facing a hardship, you may be eligible to withdraw some of your 401(k) funds without paying a penalty.

Valuation discipline is paramount here. In consultation with CIO Jonathan Bloom, members of FMI's portfolio management committee assess potential investments as if they were partners in the business.

Withdrawal There could be consequences if you cash out your 401(k) to pay off debt. “Income tax and penalties significantly reduce how much you have to put toward your debt,” said Leslie H.

The main benefit to using your traditional 401(k) to pay off your house is that you’ll no longer have to worry about making mortgage payments. If you’re like most American households ...

The off-highway vehicle (OHV) telematics market size is anticipated to be valued at USD 488.3 million in 2023 and is predicted to rise to USD 2154.3 million in 2033. The off-highway vehicle (OHV) ...

FMI – The Food Industry Association released its seventh annual Power of Seafood ... Therefore, some consumers, especially occasional ones, were scared off of fresh seafood purchases due to their ...

what happens to your 401(k) when you get fired or laid off? You are entitled to the funds you contributed to the account and any earnings. Read on to see what you can do with your 401(k ...