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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...

    Advantages of borrowing from a 401 (k) Borrowing from your 401 (k) isn’t ideal, but it does have some advantages, especially when compared to an early withdrawal. Avoid taxes or penalties. 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. 4 ways to get equity out of your home while rates are high - AOL

    www.aol.com/finance/how-to-get-equity-out-of...

    Say your gross monthly income is $5,000 a month, and you typically pay $700 a month to your mortgage, $500 a month to credit cards and $250 a month to a personal loan — a total of $1,450 in ...

  5. Reverse mortgage: What it is and how it works - AOL

    www.aol.com/finance/reverse-mortgage-works...

    A reverse mortgage is a type of loan that allows homeowners ages 62 and older to borrow against their home’s equity for tax-free payments. ... to supplement retirement income, pay for home ...

  6. 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 ...

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

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

    A 401(k) loan allows you to borrow against your retirement savings and pay yourself back over time with interest, without incurring taxes and penalties as long as it’s repaid according to the ...

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