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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...

   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 ...

3. Will I Owe Taxes on a Divorce Settlement? - AOL

   www.aol.com/finance/avoid-paying-taxes-divorce...

   Marital Property Settlements and Taxes. In all ordinary cases, spouses do not owe any taxes for property transfers due to a divorce. This is controlled by two sections of the law: U.S. Code ...

4. How are 401(k) Assets Split in a Divorce? - AOL

   www.aol.com/news/401-k-assets-split-divorce...

   Continue reading → The post How are 401(k) Assets Split in a Divorce? appeared first on SmartAsset Blog. Going through a divorce can be one of the most difficult experiences you’ll ever ...

5. Divorce settlement - Wikipedia

   en.wikipedia.org/wiki/Divorce_settlement

   Divorce settlement. A divorce settlement is an arrangement, adjustment, or other understanding reached, as in financial or business proceedings, between two adults who have chosen to divorce. [1] It serves as the final legal agreement between these adults for documenting the terms of their divorce. [2]

6. 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. [1] Periodic employee contributions come directly out of their paychecks, and may be matched by the employer. This pre-tax option is what makes 401 (k) plans ...

7. Comparison of 401(k) and IRA accounts - Wikipedia

   en.wikipedia.org/wiki/Comparison_of_401(k)_and...

   Employee contribution limit of $23,000/yr for under 50; $30,500/yr for age 50 or above in 2024; limits are a total of pre-tax Traditional 401 (k) and Roth 401 (k) contributions. [4] Total employee (including after-tax Traditional 401 (k)) and employer combined contributions must be lesser of 100% of employee's salary or $69,000 ($76,500 for age ...

8. 8 Ugly Financial Truths About Getting Divorced - AOL

   www.aol.com/finance/8-ugly-financial-truths...

   Even a divorce settlement that seems pretty cut and dry might not be as fair as you think. Here's a look at eight ugly financial truths about getting divorced, because being informed is the key to ...

9. 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 ...