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  2. Thinking About Borrowing From Your 401(k)? Read This First - AOL

    www.aol.com/thinking-borrowing-401-k-read...

    A 401(k) loan that isn't repaid on time is treated like a retirement plan withdrawal. If you're not yet 59 and 1/2 years old, that means you'll risk a 10% early withdrawal penalty on the sum you ...

  3. 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 ...

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

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

    You may, however, be able to borrow money from a 401(k) to buy a house. The IRS allows you to borrow up to 50 percent of your vested account balance or $50,000, whichever is less, for a primary ...

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

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

    For example, consider this scenario developed by 401(k) plan sponsor Fidelity: Taking a loan: A 401(k) participant with a $38,000 account balance who borrows $15,000 will have $23,000 left in ...

  6. 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 ...

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

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

    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.

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