Given an uncertain economic outlook, what can you do to improve your personal balance sheet? Overall, it is a good idea to make the most of what you have. For example, you may be expecting a tax refund, but may not be certain of a pay increase or bonus. While resources may be tight, there are steps you can take to improve your financial strength.
Borrowing against your 401(k) account may sound like an attractive option, especially with credit hard to come by these days. There may be certain advantages to a 401(k) loan, but they could come with a cost. Be sure you’re aware of the potential risks before you decide to tap into your 401(k) account.
Get information on accessing Benefits OnLine on your mobile device, plus newly added site features all designed to provide you with a more robust BOL experience.