Beaches and Your 401(k) Plan

Money & SavingsWhat do these two things have in common? They’re both subject to erosion – of the natural and man-made varieties. Obviously you have more control over your 401(k) than what your favorite beach destination will look like years down the road. Personal Finance Writer Sandra Block of USA Today recently highlighted five things that can sabotage your 401(k): loans, rollover decisions, hardship withdrawals, cashing out early, and fees. Some things  — like cashing out early and hardship withdrawals — can …