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

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

    Advantages of borrowing from a 401(k) Borrowing from your 401(k) isn’t ideal, but it does have some advantages, especially when compared to an early withdrawal. Avoid taxes or penalties.

  3. Experts Explain: Should You Ever Borrow From Your 401(k) To ...

    www.aol.com/experts-explain-ever-borrow-401...

    There are good reasons to borrow from a 401(k), ... in terms of debt products that could have low enough interest rates to satisfy your needs, Kate said. ... Borrowing against a cash value life ...

  4. 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...

    Compare rates, terms and fees from traditional lenders to evaluate whether borrowing against your 401(k) is the best move for you. Borrowing against your 401(k) to purchase a car can be tempting ...

  5. Can I use my 401(k) to buy a house? - AOL

    www.aol.com/finance/401-k-buy-house-221331097.html

    You’ll miss out on interest: When you withdraw money from a 401(k) account, you limit the impact of compound interest on your retirement savings. Assuming a 7 percent annual growth rate, if you ...

  6. Do I Want a 401(k) Loan or a HELOC? - AOL

    www.aol.com/want-401-k-loan-heloc-122600211.html

    A 401(k) loan empowers you to tap into your retirement savings, while a HELOC permits homeowners to borrow against the equity of their homes. Both loans have their own set of qualifications ...

  7. 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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