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Episode 249 – Accessing 401k Money During COVID

One good thing to come from this crazy time we’re living in right now are the financial incentives available to us. One of those in particular is the ability to borrow money from your 401k penalty free and put it to work. This is an awesome opportunity for people with retirement money that they normally wouldn’t touch because of the hefty penalties. We’re not tax experts so we’re not going to get into the super nitty gritty here but we are going to go over some of the rules, benefits and disadvantages of this today and hopefully you’ll be as excited about this as us.