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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. 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. 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, CFP, principal financial analyst for Annuity.org and a former wealth management advisor.

  5. 3 Money Benefits From Your 401(k) You Can Use Before ... - AOL

    www.aol.com/finance/3-money-benefits-401-k...

    Loan from your 401(k). Many employers make it possible for you to borrow from your 401(k) without paying a 10% penalty or taxes on the money withdrawn. However, you must repay the amount you ...

  6. Will 401(k) Loans Impact My Taxes? - AOL

    www.aol.com/finance/401-k-loans-impact-taxes...

    While borrowing from your 401(k) account can hurt your long-term retirement planning, that’s not the only consideration. There are also tax implications if you’re not able to repay the funds ...

  7. 11 Worst Retirement Mistakes You Can Make With Your 401(k) - AOL

    www.aol.com/11-worst-mistakes-401-k-130026003.html

    Borrowing Too Much From Your 401k. Some employers let employees borrow money from their 401k plans. If allowed, the maximum loan amount is the smaller of $50,000 or half of your vested account ...

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