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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...

   Yes, loans from a 401(k) plan can be repaid early with no prepayment penalty. Many plans offer the option of repaying loans through regular payroll deductions, which can be increased to pay off ...

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

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

   Once you’ve owned the Roth 401 (k) for at least five years and are at least 59 ½ years old, you can withdraw both contributions and earnings without penalty or tax. Just be careful here because ...

5. Top 5 debts to prioritize paying off before retirement - AOL

   www.aol.com/finance/debts-to-pay-off-retirement...

   Don’t tap into your 401(k) or IRA to pay off personal loans. This can trigger taxes, as well as penalties if you’re under age 59½. 4. Student loans ... 🚨Take caution with early 401(k ...

6. 5 ways to avoid taking early withdrawals on your 401(k ... - AOL

   www.aol.com/finance/5-ways-avoid-taking-early...

   5. A loan can be better than an early withdrawal. While an early withdrawal comes with a lot of downsides, you may be able to take a loan from your 401(k) that eliminates at least some of those ...

7. The Pros and Cons of Withdrawing on Your 401(k) Early - AOL

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

   When you reach the age of 59 1/2, you can start withdrawing from your 401(k) worry-free, but until you reach that magic milestone, the assets inside are off-limits. If you do pull from your funds ...

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

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

   Plus, making extra payments on a 401(k) loan provides a huge additional benefit -- the sooner you can pay off your loan, the faster those payments can be used instead to build your retirement account.

9. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

   www.aol.com/finance/8-ways-penalty-free...

   6. First-time homebuyers. Though you may take money out of your 401 (k) to use as a down payment, expect to pay a 10 percent penalty. However, take the money from your IRA, and it’s penalty-free ...