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Borrowing or Withdrawing Money from Your 401(k) Plan

Borrowing or Withdrawing Money from Your 401(k) Plan

by Julie Long | Mar 12, 2026 | 401k, 401K Planning, Retirement, Retirement Savings, Retirement Strategy, Retirement Taxes, Tax, Tax Laws

If you have a 401(k) plan at work and need some cash, you might be tempted to borrow or withdraw money from it. But keep in mind that the purpose of a 401(k) is to save for retirement. Take money out of it now, and you’ll risk running out of money during...
Will Tax Law Changes Impact Your Giving Strategy?

Will Tax Law Changes Impact Your Giving Strategy?

by Julie Long | Dec 11, 2025 | Financial Wellness, General, Investment, Tax

You may donate money to charitable organizations throughout the year, simply because you wish to support causes that you care about. However, beginning in 2026, a new set of tax rules will determine the deductibility of your donations and might affect how much you can...
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Armstrong Dixon is a private wealth management firm, founded in 2013 and headquartered in the Mt. Washington Village of Baltimore City, MD.

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