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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...

   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 ...

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. Will 401(k) Loans Impact My Taxes? - AOL

   www.aol.com/finance/401-k-loans-impact-taxes...

   A 401(k) loan begins when you make a loan request to the plan administrator, who evaluates your eligibility as a borrower based on the plan’s standards and IRS regulations.

5. 401(k) - Wikipedia

   en.wikipedia.org/wiki/401(k)

   In the United States, a 401 (k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401 (k) of the U.S. Internal Revenue Code. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer. This pre-tax option is what makes 401 (k) plans ...

6. Rollovers as business start-ups - Wikipedia

   en.wikipedia.org/wiki/Rollovers_as_Business...

   Rollovers as business start-ups ( ROBS) are arrangements in the United States in which current or prospective business owners use their 401 (k), IRA or other retirement funds to pay for new business start-up costs, for business acquisition costs or to refinance an existing business. In 2008, the Internal Revenue Service set up the ROBS ...

7. 401(k) Hardship Withdrawals: What You Need To Know - AOL

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

   401 (k) hardship withdrawals are taxed at your ordinary income tax rate. For example, if you’re filing as single on your tax return and your income puts you in the 22% tax bracket, hardship ...