Should I Take a 401(k) Loan for Emergency Expenses?

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Take a look at the pros and cons before you decide. Dreamstime/TCABy Kathryn Pomroy From Kiplinger’s Personal FinanceIt’s not uncommon to find yourself in a financial crunch and needing a way to dig yourself out. Thankfully, you have options, such as borrowing from your emergency fund, using a savings account or taking out a personal loan.

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