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  2. 401(k) withdrawal rules: What to know before cashing out ...

    www.aol.com/finance/what-are-401k-withdrawal...

    It means that, depending on the interest rate you’re offered, a 401(k) loan could be a better option than, say, a payday or high-interest personal loan. But 401(k) loans come with risks that can ...

  3. The pros and cons of taking out a 401(k) loan - AOL

    www.aol.com/finance/pros-cons-taking-401-k...

    The ability to take out a loan helps make a 401(k) plan one of the best retirement plans, but a loan has some key disadvantages. While you’ll pay yourself back, you’re still removing money ...

  4. Here Are the Biggest 401(k) Mistakes Each Generation Is Making

    www.aol.com/biggest-401-k-mistakes-generation...

    Gen Xers: Taking 401(k) loans. A 401(k) loan is often a wiser play than an early withdrawal, which triggers income taxes, plus a 10% penalty tax if you're under age 59 1/2 at the time. These loans ...

  5. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

    www.aol.com/finance/8-ways-penalty-free...

    Taking money out of a 401(k) for a down payment can be trickier. “When the 401(k) has both a loan provision and hardship withdrawal provision, the participant must first use the loan provision ...

  6. Solo 401 (k) - Wikipedia

    en.wikipedia.org/wiki/Solo_401(k)

    A Solo 401(k) (also known as a Self Employed 401(k) or Individual 401(k)) is a 401(k) qualified retirement plan for Americans that was designed specifically for employers with no full-time employees other than the business owner(s) and their spouse(s). The general 401(k) plan gives employees an incentive to save for retirement by allowing them ...

  7. How to withdraw money from a 401(k) early - AOL

    www.aol.com/finance/withdraw-money-401-k-early...

    Withdrawing money from a 401(k): Taking cash out early can be costly. ... it will likely result in penalties and interest. Impact of a 401(k) loan vs. hardship withdrawal. ... Taking a loan: A 401 ...

  8. Using a 401(k) loan to buy a car: Is it ever a good idea? - AOL

    www.aol.com/finance/using-401-k-loan-buy...

    A 401(k) loan involves borrowing money from your retirement savings and repaying yourself over time. In other words, you’re making a loan to yourself. The loan payments go back into your ...

  9. How Much Interest Will I Pay on a 401(k) Loan? - AOL

    www.aol.com/much-interest-pay-401-k-131917026.html

    If you borrow from your 401k account, your employer's retirement account plan documents will determine how much interest you'll pay on the loan. Adding 1% to the prime rate is a common approach to ...

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