Sunbelt FCU Go to main content Contact Us
 
Member Login

Can't Log In?

Need Help?
Contact Us

FAQs


Should I borrow money from my 401(k) for emergency cash?

It might be tempting to view your 401(k) as a source of emergency funds, but before you dip into your retirement account for cash, explore your alternatives. We strongly advise you to contact your tax preparer to evaluate any possible taxes or penalties that an early withdrawal of the funds could cause you to have.

This answer has been viewed 906 times.



Related Questions
Go to main navigation

Sunbelt is changing the way you bank.  As a not-for-profit financial institution, owned by its members, the most powerful driving force is your voice

LET YOURS BE HEARD