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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. 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 ... 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 ...

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

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

    In that sense, taking out a 401(k) loan might not seem so bad, since you essentially keep that interest rather than paying it out to someone else. However, there's a huge catch.

  7. How to withdraw money from a 401(k) early - AOL

    www.aol.com/finance/withdraw-money-401-k-early...

    401(k) loan. 401(k) loans are generally considered to be a better option than a hardship withdrawal if given the choice, since you’re essentially borrowing from yourself. Not all plans allow 401 ...

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