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

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

    There are good reasons to borrow from a 401(k), but there aren’t many, according to Stephen Kates, ... “For instance, utilizing a 0% interest rate credit card may be a solution, if you can ...

  4. 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 ...

  5. 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 ...

  6. The best ways to borrow money - AOL

    www.aol.com/finance/best-ways-borrow-money...

    Some payment plans have interest rates as high as 15 percent. 401(k) loan. A 401(k) loan allows you to borrow from your retirement savings account. Unlike a 401(k) withdrawal, ...

  7. 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 ...

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