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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...

    Before deciding to borrow money from your 401(k), keep in mind that doing so has its drawbacks. You may not get one. Having the option to get a 401(k) loan depends on your employer and the plan ...

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

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

    Borrowing or withdrawing from a retirement plan should be nearly a last resort, after other, better options have been exhausted. In my experience, the 401(k) is tapped too early by most people ...

  4. 11 Worst Retirement Mistakes You Can Make With Your 401(k) - AOL

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

    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 balance. For example, if your balance ...

  5. The best ways to borrow money - AOL

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

    A 401(k) loan allows you to borrow from your retirement savings account. Unlike a 401(k) withdrawal , there is no penalty for taking a loan out from your account — and the interest you pay on ...

  6. 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 ...

  7. 9 biggest 401(k) mistakes to avoid - AOL

    www.aol.com/finance/8-biggest-401-k-mistakes...

    Here are the biggest mistakes you can make with your 401 (k) and how to avoid them. 1. Not making saving a habit. Not contributing enough, not contributing consistently and not increasing ...

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