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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...

    Early withdrawals are less attractive than loans. One alternative to a 401(k) loan is a hardship distribution as part of an early withdrawal, but that comes with all kinds of taxes and penalties ...

  3. Should I invest while saving money for a down payment? - AOL

    www.aol.com/finance/invest-while-saving-money...

    Note: Not all employers allow 401(k) loans. Plus, you’re required to pay back the loan over time; and if you leave your job, the deadline to pay it will move up quickly.

  4. 5 ways to avoid taking early withdrawals on your 401(k ... - AOL

    www.aol.com/finance/5-ways-avoid-taking-early...

    A home equity loan can give you a lump sum at one time, and often carries a lower rate. ... According to IRS rules, a loan must be repaid within five years, unless it’s a loan to buy a principal ...

  5. 401(k) withdrawal rules: What to know before cashing out ...

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

    Not all retirement plans allow for 401(k) loans, but if yours does, you could be eligible for a loan of up to 50% of your vested balance or $50,000, whichever is highest.

  6. 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 ...

  7. Will 401(k) Loans Impact My Taxes? - AOL

    www.aol.com/finance/401-k-loans-impact-taxes...

    The post How 401(k) Loans Impact Your Taxes appeared first on SmartReads by SmartAsset. While borrowing from your 401(k) account can hurt your long-term retirement planning, that’s not the only ...