401(k) Loan Pitfall #2: Loan payments may prevent you from making new contributions.

Your 401k payments could be eating up the funds you need to contribute new money to your 401k. This is especially troubling if your employer matches funds. That's FREE money you're missing out on if this happens, folks!

Next: 401(k) Loan Pitfall #3

Related Articles:

• Avoid These 401k Mistakes!
• Three 401k Warnings
• What Should I Do With My 401k When I Change Jobs?

prev | 1 | 2 | 3 | 4 | 5 | 6 | next

   

Common IRA Mistakes to Avoid

Are you making crucial mistakes with your retirement planning? Here are the biggest ones you should avoid. Read More.

Can You Really Afford to Retire?

Has the financial crisis put a crimp in your retirement plans? Here are some new factors you need to consider before hitting the golf course. Play Video.

Beware "Senior Specialists"

If you're retired, you not only need to be concerned about how you are spending your money but also how others may want to spend it. Read More.

Is Your Annuity Safe?

Can you still count on your annuity to provide retirement income in the face of the financial crisis? We'll tell you how to find out. Read More.

Where to Invest NOW

The economy may be crumbling around us but you can still make smart moves with your money. Here's what you should be doing now. Play Video.

Alert: New 401(k) Danger

Dolan alert! The government is making it even easier to make early withdrawals on your retirement funds. We have the scoop on why you should stay far away from these new 401k debit cards. Read More.

Your Top Questions Answered!

You have questions and yes, we have answers! We're tackling your biggest money worries to give you some peace of mind. Play Video.

Money Advice for Your 20-Something

Twentysomethings are in a unique position for creating an extremely lucrative future. Here's how to put them on the right path. Play Video.