A 401(k) loan lets you borrow from your workplace retirement plan and is usually repaid through payroll deductions. A personal loan is a lump sum from a lender, usually repaid with fixed monthly ...

• 401(k) loans allow access to retirement funds without a credit check. • Loans can be up to $50,000 or 50% of your balance, whichever is less. • Repayment flexibility includes payroll deductions ...

Retirement debt isn't always a problem, but it's important to know how much debt is too much to manage.