Did you know

if you are feeling the pinch of this recession (what else do you call it?) you may be more and more tempted to dip into your retirement fund to pay off credit cards or other bills.  My advice is to work some extra hours, or clip coupons, because if you elect for a 401k hardship withdrawal if you don’t meet certain requirements you will have to pay an extra 10% penalty, and even if you do, you will have to pay tax on everything you take out, virtually guaranting that you will never save up the same amount to put back in.  Yes, stay the course and stay disciplined is my advice.