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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...

    For example, if you had a 401 (k) loan balance and left your employer in January 2024, you’ll have until April 15, 2025 to repay the loan to avoid default and any tax penalty for the early ...

  3. Do I Want a 401(k) Loan or a HELOC? - AOL

    www.aol.com/finance/want-401-k-loan-heloc...

    The post 401(k) Loan vs. HELOC appeared first on SmartReads by SmartAsset. A 401(k) loan empowers you to tap into your retirement savings, while a HELOC permits homeowners to borrow against the ...

  4. 401(k) - Wikipedia

    en.wikipedia.org/wiki/401(k)

    In the United States, a 401(k) plan is an employer-sponsored, defined-contribution, personal pension (savings) account, as defined in subsection 401(k) of the U.S. Internal Revenue Code. Periodic employee contributions come directly out of their paychecks, and may be matched by the employer .

  5. The best ways to borrow money - AOL

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

    Personal loans, credit cards and lines of credit are typically easier for anyone to qualify for. Other ways to borrow money, like a 401 (k) loan or through a public agency, may require you to meet ...

  6. Alternatives to personal loans: 7 options & when to avoid them

    www.aol.com/finance/alternatives-personal-loans...

    5. Personal lines of credit. If you don’t need all your funds now or don’t know how much to borrow, a personal line of credit may be a good alternative to a personal loan. Like credit cards ...

  7. How to Take a 401(k) Loan - AOL

    www.aol.com/news/401-k-loan-210332735.html

    If you have a 401(k) plan through your employer and are in need of funds, you may be able to take a 401(k) loan. Borrowing from your 401(k) could provide a path to financial assistance without ...

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