401K Plan

Does a 401k Loan Get Taxed?

If you have a 401(k) account and need cash, it may be tempting to tap your retirement for a loan. Legally, you can borrow up to $50,000 or half the balance of your account (whichever is less). You will also be paying yourself back, so any interest will go to you and not a lender, and


Piggy bank on money concept for business finance, investment, saving or retirement fund

Can My Savings Account Be Garnished?

June 30, 2017

If you get behind on your income taxes, student loan payments, or child support, a government agency can garnish a percentage of your wages to pay the..