Some retirement funds have
rules against borrowing, so check with your account.
Not exact matches
While some school administrators may frown on the practice of using
borrowed cash for non-school expenses — and taking out student loans for risky investments seems like a great way to graduate with even more debt — per Student Loan Report there aren't any
rules against it.
Because selling something you don't own — naked shorting — is generally
against the
rules, short - sellers must first find someone to
borrow a stock from.
You can
borrow against your 401k as long as the loan is in compliance with the company
rules.
Earlier it was possible to
borrow loans
against a Unit Linked Insurance Plan but according to new IRDA
rule this is not an option anymore.
The answer is yes, your clients can
borrow against their 401 (k), but make sure they understand the
rules.
There's no
rule that says the money you
borrow has to be collateralized
against the home you're buying.