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2. Here Are the Biggest 401(k) Mistakes Each Generation Is Making

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   Gen Xers: Taking 401(k) loans. A 401(k) loan is often a wiser play than an early withdrawal, which triggers income taxes, plus a 10% penalty tax if you're under age 59 1/2 at the time. These loans ...

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

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   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 ...

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

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   Plus, a 401(k) loan is relatively simple to arrange compared to applying for new loans with other financial institutions. Can you pay off a 401(k) loan early? ... Tuition, fees and education expenses.

5. 401(k) withdrawal rules: What to know before cashing out ...

   www.aol.com/finance/what-are-401k-withdrawal...

   Not all retirement plans allow for 401(k) loans, but if yours does, you could be eligible for a loan of up to 50% of your vested balance or $50,000, whichever is highest.

6. Using a 401(k) loan to buy a car: Is it ever a good idea? - AOL

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   Fees: There may be fees associated with a 401(k) loan, including origination fees of $50 to $100, which will be taken from the loan proceeds. There may also be maintenance fees of anywhere from ...

7. Can I use my 401(k) to buy a house? - AOL

   www.aol.com/finance/401-k-buy-house-221331097.html

   Borrowing 401(k) funds to buy a home. The second option for accessing your 401(k) funds to buy a house is to take out a loan from your plan. Since this is essentially loaning money to yourself ...

8. A complete guide to 401(k) retirement plans: What is a ... - AOL

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   What is a 401(k) loan? If you need cash for an emergency or to pay down debt, your 401(k) plan may allow you to take out a loan and borrow up to 50 percent of your vested balance, but not more ...

9. How Much Interest Will I Pay on a 401(k) Loan? - AOL

   www.aol.com/much-interest-pay-401-k-131917026.html

   The post What Is the Interest Rate on a 401(k) Loan? appeared first on SmartReads by SmartAsset. If you borrow from your 401k account, your employer's retirement account plan documents will ...