401k Loan: Why ‘Borrowing From Yourself’ Is Actually Borrowing From Your Future
A 401k loan lets you borrow up to 50% of your vested balance, capped at $50,000. While this is one way to access extra cash, tapping into your retirement savings will cost you hund
Episode 215. “He wants a house, I don’t want to go bankrupt.”
Athena (31) and Arie (30) are newly married and dreaming of buying a home, starting a family, and traveling the world. But their finances—and philosophies—don’t align. At
Episode 214. “I’m 45 but my parents still control my money”
Kate and Keith have spent years afraid to spend—until now. In part 2 of this conversation, Ramit challenges them to rewrite the money scripts that have ruled their lives: Kate’
How a 401(k) Works: The Easiest Way to Grow Your Money
A 401(k) is a retirement savings account that allows you to invest a portion of your paycheck before paying taxes. In many cases, employers will match part of your contributions,