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  2. Should you use retirement savings to pay off debt? - AOL

    www.aol.com/finance/retirement-savings-pay-off...

    401(k) loans. If you’re set on ... Paying off high-interest debt: If your debt carries a high interest rate, using your retirement savings to pay it off could save you money on interest charges.

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

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

    A 401(k) loan is often a better financial choice than other short-term funding options such as a payday loan or even a personal loan. These other loan options typically come with high interest ...

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

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

    The advantages of a 401(k) loan can include borrowing from one’s own savings, often at a lower interest rate than commercial loans, with the interest paid back into the your retirement account.

  5. 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 ...

  6. What is a TSP loan? - AOL

    www.aol.com/finance/tsp-loan-191530282.html

    The TSP loan rate charged will be equivalent to the G Fund rate (Government Securities Investment Fund) the month before you requested the loan. Much like a 401(k) loan, when you pay interest ...

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

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

    Don’t forget that tapping into your 401(k) early can significantly impact your retirement savings due to lost compound interest and potential penalties and taxes on the withdrawal, according to ...

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