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  2. Should I Withdraw From My 401(k) to Buy a Home? - AOL

    www.aol.com/finance/withdraw-401-k-buy-home...

    Buying a home is an important financial milestone. In fact, it's most likely one of the largest purchases you'll make in your lifetime. You may be tempted to make a 401(k) withdrawal for a home ...

  3. Should I Use My 401(k) to Pay Off My Mortgage? - AOL

    www.aol.com/401-k-pay-off-mortgage-140056496.html

    Reduced Retirement Assets: Paying off your mortgage with your 401(k) can significantly eat into your retirement assets, especially if you have a large balance left to pay. For instance, if you ...

  4. 401(k) withdrawal rules: What to know before cashing out ...

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

    Taxes on traditional 401(k) withdrawals. With a traditional 401(k), contributions to your retirement account are tax-deferred. In other words, taxes you owe are delayed to a later time — in this ...

  5. 2 Pros and Cons of Tapping Your 401(k) To Buy a Home - AOL

    www.aol.com/2-pros-cons-tapping-401-160104001.html

    He also noted that some 401(k) plans allow for penalty-free withdrawals for first-time home purchases. You’ll still owe income tax on that amount, but you’d avoid the 10% early withdrawal ...

  6. 401 (k) Withdrawals Made Simple: What Age Can You Go ... - AOL

    www.aol.com/401-k-withdrawals-made-simple...

    Here is a quick guide to walk you through 401(k) withdrawals. ... Buying a home: The IRS allows up to $10,000 in tax-free withdrawals for first-time homebuyers. Disaster recovery: ...

  7. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

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

    Further, you can take more than one penalty-free withdrawal to buy a home, but there is a $10,000 limit. For example, says Rothstein, “You can do two $5,000 withdrawals, but $10,000 is the ...

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