Knowledge is power! Justin Miller, CEO of Universal Bookkeeper, discusses how your personal finances can survive this time of uncertainty, as individuals and small businesses around the globe struggle with how to cope. Tune into his 7 part video mini-series, “Coronavirus Survival Tips” as he offers advice and suggestions on how to navigate and steer your financial future in the right direction.
Tip #3 covers 401K’s.
- Key takeaways:
- If you need to borrow funds from your 401K, start with a loan rather than a withdrawal.
- Look for restrictions on Hardship withdrawals from 401K’sto change in near future.
Reach out with any questions! Now, more than ever, Universal Bookkeeper’s team is here to be your expert, and your remote accounting and bookkeeping partner!