New $1,000 401(k) Emergency Rule – Is This Even a Good Idea?

Great news!  The IRS has clarified a part of the Secure 2.0 Act (only took two years) and now employees can more easily than ever raid their 401(k) plans. That’s right, once per year, you can take out money from your active 401(k) plan up to $1,000 without having to prove a specific hardship.  You…