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Time and Money

Tuesday, March 4, 2008

More people are tapping their 401(k) for cash



Trent Charlton poses inside his Irvine, Calif. home, Friday, Feb. 15, 2008.  Charlton, a 40-year-old account executive at a trucking company in Irvine, Calif., said he was aware of the risks when he withdrew $10,000 from his 401(k), cutting his retirement savings in half. Trent Charlton knew the risks when he borrowed $10,000 from his 401(k) and cut his retirement savings in half.




Posted by Ramon at 2:02 PM

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  • ▼  2008 (161)
    • ▼  March (14)
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      • 'Sea change' seen in spouse's financial roles
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      • More people are tapping their 401(k) for cash
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