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2. Your employer may soon give you a 401(k) match for your ... - AOL

   www.aol.com/finance/employer-may-soon-401-k...

   Starting in 2024, employers can offer a 401(k) match for qualified student loan payments. ... 401(k) matches for student loan payments will begin after Jan. 1. That comes just a few months after ...

3. How to save for retirement as student loan payments resume ...

   www.aol.com/finance/save-retirement-student-loan...

   Under a provision of the SECURE 2.0 Act, legislation signed into law in December 2023, employers can provide 401(k), 403(b) or SIMPLE IRA matching for qualified student loan payments. Employers ...

4. How Student Loan Debt Payments Are Cutting Into Employee 401(k)s

   www.aol.com/finance/student-loan-debt-payments...

   According to the research report, among people with incomes less than $55,000 who were making student loan payments during the three-year period, the average employee contribution rate was 5.3% ...

5. The pros and cons of taking out a 401(k) loan - AOL

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

   The ability to take out a loan helps make a 401 (k) plan one of the best retirement plans, but a loan has some key disadvantages. While you’ll pay yourself back, you’re still removing money ...

6. 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.

7. Student loan borrowers will get a hand in saving for ... - AOL

   www.aol.com/finance/student-loan-borrowers-hand...

   For borrowers earning less than $50,000, 77% said student loan payments would affect retirement savings, according to a Corebridge study. One in 10 employees over the age of 45 have student loan ...

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

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

   For example, consider this scenario developed by 401(k) plan sponsor Fidelity: Taking a loan: A 401(k) participant with a $38,000 account balance who borrows $15,000 will have $23,000 left in ...

9. 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 ...