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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...

    A 401(k) loan is often a better financial choice than other short-term funding options such as a payday loan or even a personal loan. These other loan options typically come with high interest ...

  3. How Much Interest Will I Pay on a 401(k) Loan? - AOL

    www.aol.com/much-interest-pay-401-k-131917026.html

    The post What Is the Interest Rate on a 401(k) Loan? appeared first on SmartReads by SmartAsset. Adding 1% to the prime rate is a common approach to setting this rate.

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

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

    It means that, depending on the interest rate you’re offered, a 401(k) loan could be a better option than, say, a payday or high-interest personal loan. But 401(k) loans come with risks that can ...

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

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

    The advantages of a 401(k) loan can include borrowing from one’s own savings, often at a lower interest rate than commercial loans, with the interest paid back into the your retirement account.

  6. The best ways to borrow money - AOL

    www.aol.com/finance/best-ways-borrow-money...

    Some payment plans have interest rates as high as 15 percent. 401(k) loan. A 401(k) ... Each retirement plan has slightly different rules for 401(k) loans, though they may allow you to borrow up ...

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

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

    One of the biggest risks with a 401(k) loan is getting laid off or leaving your job, Kates explained. ... in terms of debt products that could have low enough interest rates to satisfy your needs ...

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