I’m 38 With $16K in Credit Card Debt—Should I Dip Into My $25K 401(K) to Pay It Off?
Key Takeaways For most people, the answer is no—raiding a 401(k) to pay off credit card debt costs far more than grinding through payments. The money withdrawn stops earning money for you, and what looks like a modest sum today could grow to almost $200,000 by retirement. A recent post on Reddit’s r/personalfinance laid out…

