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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...

    The pros and cons of taking out a 401(k) loan. James Royal, Ph.D. March 22, 2024 at 1:41 PM. Portions of this article were drafted using an in-house natural language generation platform.

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

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

    Pros and cons Pros. It’s a sure thing: Unlike taking out a typical loan, ... It offers good terms: 401(k) loan interest rates are generally a point or two above the prime rate. Cons.

  4. Pros and Cons of 401(k) Loans - AOL

    www.aol.com/news/pros-cons-401-k-loans-155000816...

    Read out about 6 pros and 4 cons of 401(k) loans to see if taking a loan is right for you. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways ...

  5. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    In the United States, a 401(k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401(k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer. This pre-tax option is what makes 401(k) plans ...

  6. 2 Pros and Cons of Tapping Your 401(k) To Buy a Home - AOL

    www.aol.com/finance/2-pros-cons-tapping-401...

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  7. Want to Be a 401(k) Millionaire? 5 Tips All Americans ... - AOL

    www.aol.com/finance/want-401-k-millionaire-5...

    There are pros and cons to 401(k) loans. If you do borrow from your 401(k) account, the most important thing is to pay back the loan on time.

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