Taking a Loan from Your Retirement Plan = Bad Idea
Why you should refrain from making this move.
Thinking about borrowing money from your 401(k), 403(b), or 457 account? Think twice about that, because these loans are not only risky but injurious to your retirement planning.
A loan of this kind damages your retirement savings prospects. A 401(k), 403(b), or 457 should never be viewed like a