 TITLE: How to Borrow Money From Your 401(k) CONTENT: Consider Other Options\n----------------------\nBecause of the significant drawbacks to borrowing from your 401(k) fund, it's best to consider this option only as a last resort in a financial emergency. Before you raid your 401(k), it would be wise to explore other borrowing options, including personal loans, home equity loans, and even borrowing from family or friends.\nIf you do end up borrowing from your 401(k) fund, do everything you can to pay the loan back as quickly as you're able. If possible, also try to maintain at least some contributions to your 401(k) during the payback period—ideally enough to get your full employer matching contribution so you're not leaving compensation on the table. END