Don’t Empty Your 401(k) to Pay off Credit Card Debt – Money Magazine

  • November 28, 2016
  • By: Greenpath Financial Wellness
  • Category: 401K, Blog

Q: I have about $9,000 in credit card debt and a little less than that in retirement savings. I plan on working for at least 30 more years. Should I use my retirement money from my 401k to pay off credit card debt, so I am financially stable enough to purchase a home? A: Pulling money out of your 401(k) or other retirement...

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