Recommend a 401K plan which permits borrowing.
November 24, 2012 9:39 AM Subscribe
Please recommend a 401K plan for a single person business that permits borrowing.
posted by portabella to Work & Money (8 answers total)
I have a single person business, and a healthy retirement account with Vanguard. I'd like to borrow against the account (I've researched this extensively, so please no arguing this point), but Vanguard doesn't permit this.
Consequently, I need recommendations for a retirement account that I can roll over some of the funds, and then take a loan from it.
Other than the borrowing aspect, I am a fairly conservative investor; I typically buy index funds for the long term.