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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...

   Additionally, the interest you pay on the loan will go back into your retirement account, although on a post-tax basis. ... Other alternatives to a 401(k) loan. Borrowing from yourself may be a ...

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. How Much Interest Will I Pay on a 401(k) Loan? - AOL

   www.aol.com/much-interest-pay-401-k-131917026.html

   If you borrow from your 401k account, your employer's retirement account plan documents will determine how much interest you'll pay on the loan. Adding 1% to the prime rate is a common approach to ...

5. 401(k) Hardship Withdrawals: What You Need To Know - AOL

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

   A 401(k) plan loan allows you to borrow against the balance of your 401(k) plan. If your employer allows plan loans, you can borrow up to $50,000 or 50% of your vested account balance, whichever ...

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

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

   One of the biggest risks with a 401(k) loan is getting laid off or leaving your job, Kates explained. “If this happens, the loan immediately becomes a taxable withdrawal.

7. What To Do If You Borrowed Money From Your 401(k) in 2020 - AOL

   www.aol.com/finance/borrowed-money-401-k-2020...

   Understand How the Interest Charges Work. One of the main distinctions between a 401(k) loan and other types of loans is that you pay the interest to your own account, rather than to a bank or ...