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2. Should I draw from my retirement accounts to pay for home ...

   www.aol.com/finance/draw-retirement-accounts-pay...

   You can borrow up to 50 percent — or up to $50,000 — of your 401(k) for home improvements. ... borrowing from your 401(k) is likely not the best option for you, no matter how much you take out ...

3. The pros and cons of taking out a 401(k) loan - AOL

   www.aol.com/finance/pros-cons-taking-401-k...

   The ability to take out a loan helps make a 401 (k) plan one of the best retirement plans, but a loan has some key disadvantages. While you’ll pay yourself back, you’re still removing money ...

4. 6 creative home financing ideas to consider - AOL

   www.aol.com/finance/6-creative-home-financing...

   Finally, if you’re really between a rock and a hard place, you could potentially borrow from a retirement account to pay for your home — but it’s a risky step. Taking out a 401(k) loan is ...

5. Reverse mortgage: What it is and how it works - AOL

   www.aol.com/finance/reverse-mortgage-works...

   A reverse mortgage is a type of loan that allows homeowners ages 62 and older to borrow against their home’s equity for tax-free payments. ... retirement income, pay for home repairs or cover ...

6. Employee Stock Ownership Plan - Wikipedia

   en.wikipedia.org/wiki/Employee_Stock_Ownership_Plan

   An Employee Stock Ownership Plan (ESOP) in the United States is a defined contribution plan, a form of retirement plan as defined by 4975 (e) (7)of IRS codes, which became a qualified retirement plan in 1974. [1][2] It is one of the methods of employee participation in corporate ownership. According to an analysis of data provided by the United ...

7. Should retirees use their homes to pay bills? - AOL

   www.aol.com/finance/retirees-homes-pay-bills...

   Experts say that most people will need about 80 percent of their annual income in retirement. For example, if you made $75,000 per year before retiring, you would need $60,000 each year in ...

8. Self-directed IRA - Wikipedia

   en.wikipedia.org/wiki/Self-directed_IRA

   A self-directed individual retirement account is an individual retirement account (IRA) which allows alternative investments for retirement savings. Some examples of these alternative investments are real estate, private mortgages, private company stock, oil and gas limited partnerships, precious metals, digital assets, horses and livestock, and intellectual property. [1]

9. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

   www.aol.com/finance/8-ways-penalty-free...

   6. First-time homebuyers. Though you may take money out of your 401 (k) to use as a down payment, expect to pay a 10 percent penalty. However, take the money from your IRA, and it’s penalty-free ...