I’m Drowning In Credit Card Debt. Should I Raid My 401(k)?

247wallst.com/personal-finance/2025/05/04/im-drowning-in-credit-card-debt-should-i-raid-my-401k

Key Points




It can be tempting to tap your 401(k) to pay off credit card debt.



Taking early 401(k) withdrawals could get you penalized.



You also risk a retirement income shortfall, so you may want to find other ways to deal with your debt.



Are you ahead, or…

This story appeared on 247wallst.com, 2025-05-04 19:46:02.
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