Should You Use Your 401(k) to Pay Off Credit Card Debt?
Cashing out or borrowing from a 401(k) to pay credit cards can cost taxes, a 10% penalty and lost growth. How each option works and what to try first.
Day: November 9, 2026
Cashing out or borrowing from a 401(k) to pay credit cards can cost taxes, a 10% penalty and lost growth. How each option works and what to try first.