Some 13% of 401(k) participants have an outstanding loan against their retirement savings, according to a recent study, with an average $10,708 loan amount. Using a 401(k) loan can be useful, but ...

Find out how a 401(k) loan works, the pros and cons and how to decide if borrowing from your retirement account is the right ...

Earlier this month, the Bank of Canada announced its seventh consecutive interest rate cut since it began lowering rates in ...

High interest rates have been battering consumers for years. And there's been a lot of pressure on the Federal Reserve to lower its benchmark interest rate, since that should result in lower consumer ...

A Reddit user is considering taking money out of his 401(k) to pay off his credit cards. His cards are at 24% interest, which ...

The Federal Reserve has held interest rates ... That helps 401(K)s, which have been battered by sharp declines in share prices in recent weeks. Lower rates make it cheaper for businesses ...

The interest rate on a 401(k) loan is generally set at the prime rate plus 1% or 2% and is deposited back into your 401(k) account. While this benefits your retirement savings, keep in mind that ...

Heartland is offering three-year reverse mortgage loans for retirees 'moving from one stage of retirement to another' ...

Life Insurance Corporation Housing Finance Limited (LIC HFL) is amongIndia's leading home loan players offering a wide range ...

Several banks and financial institutions offer specialised loan options for senior citizens to meet their financial needs. Here we take a look at some of them.

A 401(k) loan allows you to borrow funds directly from your retirement savings, which you then repay with interest back to your own account. While this can seem appealing since you’re essentially ...