Financial Insights

When an ExxonMobil employee needs funds for an unexpected financial event like medical bills or a home repair, they may explore options like a line of credit or loan to access liquidity. Too frequently, employees fail to consider one of the most advantageous sources of liquidity - a loan from your assets held within your company 401(k).

Preparing a strategy that is both advantageous and tax-efficient might feel daunting at first. Thankfully, there are some things you can do now to keep from overpaying this tax season.