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  2. How does your current debt load compare to the average ... - AOL

    www.aol.com/finance/does-current-debt-load...

    Here’s what the debt picture looks like across a few key borrowing categories. Credit cards. The average amount of credit card debt per consumer in the U.S. in 2023 was $6,501, according to ...

  3. What is a debt consolidation loan — and how can it help you ...

    www.aol.com/finance/what-is-a-debt-consolidation...

    A debt consolidation loan is best for when you have unsecured debt that you can’t pay off within a year — such as credit cards and high-interest personal loans. Loan amounts can range from ...

  4. 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 ...

  5. Top 5 debts to prioritize paying off before retirement - AOL

    www.aol.com/finance/debts-to-pay-off-retirement...

    Here’s how to approach prioritizing debt before you retire, ranked by most important to tackle first. 1. Credit card debt. Paying off high-interest credit card debt should be your top priority ...

  6. 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 ...

  7. Pay off debt or save? Expert tips to help you choose - AOL

    www.aol.com/finance/pay-off-debt-save-expert...

    For many, the best solution is to strike a balance between saving money and paying off debt. “The choice of debt repayment or savings is not an either-or proposition,” says Greg McBride, CFA ...

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