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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...

   Advantages of borrowing from a 401 (k) Borrowing from your 401 (k) isn’t ideal, but it does have some advantages, especially when compared to an early withdrawal. Avoid taxes or penalties. A ...

3. 401(k) withdrawal rules: What to know before cashing out ...

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

   The minimum withdrawal age for a traditional 401 (k) is technically 59½. That’s the age that unlocks penalty-free withdrawals. You can withdraw money from your 401 (k) before 59½, but it’s ...

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

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

   You can withdraw your contributions (that’s the original money you put into the account) tax- and penalty-free. But you’ll owe ordinary income tax and a 10% penalty if you withdraw earnings (i ...

5. 11 Worst Retirement Mistakes You Can Make With Your 401(k) - AOL

   www.aol.com/11-worst-mistakes-401-k-130026003.html

   7. Borrowing Too Much From Your 401k. Some employers let employees borrow money from their 401k plans. If allowed, the maximum loan amount is the smaller of $50,000 or half of your vested account ...

6. What To Do If You Borrowed Money From Your 401(k) in 2020 - AOL

   www.aol.com/finance/borrowed-money-401-k-2020...

   In fact, recognizing the economic devastation brought by the pandemic, the IRS actually expanded the use of 401(k) loans. Whereas traditionally you can only borrow the lower of $50,000 or 50% of ...

7. How to roll over your 401 (k) in 5 easy steps

   www.aol.com/finance/roll-over-401-k-5-175006857.html

   Follow these five steps to get started on your 401 (k) rollover: Decide what kind of account you want. Decide where you want the money to go. Open your account and find out how to conduct a ...

8. 401(k) and IRA hardship withdrawals – 5 ways to minimize ...

   www.aol.com/finance/401-k-ira-hardship...

   So if they need the money for other hardship reasons (such as a principal residence, tuition or funeral expenses), account owners will still end up paying the 10 percent penalty tax. 4. Focus on ...

9. How To Withdraw Money From Your 401(k) - AOL

   www.aol.com/withdraw-money-401-k-180046714.html

   Some 401(k) plans let you borrow up to $50,000 or 50% of your vested account balance, whichever is less. If your account balance is less than $10,000, you can borrow up to $10,000.