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Should You Get a 401(k) Loan to Pay Your Taxes?



After five years of experience leading a TPA call center in North Carolina, Andrew decided to move west to explore parts unknown and follow his passion of helping others. Walking through the doors of Ubiquity Retirement + Savings, formerly The Online 401(k) for the first time, he knew he’d found something special. Continuing to delight clients and partners alike and 10 years later, Andrew has been able to develop new teams, co-found a non-profit of strategic alliances, co-produce a hard-hitting documentary about the looming retirement crisis, and still had time to spread the savings gospel far and wide. Using social media and actual media alike (Wall Street Journal, Fox Business, PlanSponsor, and more), you’ll find no one who likes talking retirement more than this guy!


March 2, 2016 at 9:29 am


Andrew Meadows, VP of Brand + Culture at Ubiquity Retirement + Savings, helps answer Richard Eisenberg’s, Managing Editor of Money at Next Avenue, question: “Should I pay my taxes with a 401(k) loan?”

“A 401(k) loan is a really easy way to get access to cash without putting yourself in financial jeopardy,” says Meadows.

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