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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...

    For example, if you had a 401(k) loan balance and left your employer in January 2024, you’ll have until April 15, 2025 to repay the loan to avoid default and any tax penalty for the early ...

  3. A complete guide to 401(k) retirement plans: What is a ... - AOL

    www.aol.com/finance/complete-guide-401-k...

    Unlike traditional pension plans, in which the employer promises a specified monthly benefit at retirement, 401 (k) plans are funded by contributions deducted directly from the employee’s ...

  4. 'This is a double-tax whammy!': A growing number of ... - AOL

    www.aol.com/finance/double-tax-whammy-growing...

    A growing number of Americans are tapping into their 'sacred' 401(k) retirement savings to cover debts and bills — and they're paying the price for it Bethan Moorcraft March 19, 2024 at 11:55 AM

  5. Empower (financial services) - Wikipedia

    en.wikipedia.org/wiki/Empower_(financial_services)

    In September 2020, the company also acquired the retirement plan business of MassMutual for $4.4 billion. Empower acquired the heritage SunTrust 401(k) recordkeeping business, which includes approximately 300 retirement plans consisting of more than 73,000 plan participants and $5 billion in plan assets.

  6. Here’s the retirement savings that put you with the richest ...

    www.aol.com/finance/retirement-savings-put...

    Keep in mind that retirement accounts, which include individual retirement accounts, Keogh accounts, and certain employer-sponsored accounts, such as 401(k), 403(b), and thrift savings accounts ...

  7. Your employer may soon give you a 401(k) match for your ... - AOL

    www.aol.com/finance/employer-may-soon-401-k...

    So if a worker is paying $300 per month on their loans, the employer would treat that the same as contributing $300 to their 401(k). Aside from the student loan matching provision, the legislation ...

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