Loans 101

401(k) Loan Basics

What is a 401(k) loan?
How does a 401(k) loan work?
How much can I borrow with a 401(k) loan?
Are there any borrowing restrictions with a 401(k) loan?
How much does a 401(k) loan cost?
What are the pros and cons of a 401(k) loan?

401(k) Loan Defaults

What happens if I default on my 401(k) loan?
Why is a loan default bad? I needed the money. I can make it up later.

401(k) Loan Insurance

What is 401(k) loan insurance?
Why is 401(k) loan insurance necessary?
Why does Custodia Financial offer 401(k) loan insurance?
How can I get 401(k) loan insurance?
401(k) Loan Basics

The subject of 401(k) loans can seem complicated. Here are some quick basics to help break it down for you.

401(k) Loan Defaults

If you understand how 401(k) loans work, you should be aware of the risks of loan default. Defaulting on your loan can negatively impact your retirement savings.

401(k) Loan Insurance

You worked hard to build up your retirement savings balance. That’s money worth protecting. This is where 401(k) loan insurance comes in.