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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...

    Borrowing from your 401(k) is risky, ... Before deciding to borrow money from your 401(k), keep in mind that doing so has its drawbacks. ... You could pay taxes and penalties on it.

  3. Should you use a personal loan to pay your taxes? - AOL

    www.aol.com/finance/loan-to-pay-taxes-124723856.html

    Some 23% said they’ll probably borrow money to pay Uncle Sam, with 15% planning on using credit cards to foot the bill. ... A 401(k) loan is money you borrow from your own retirement savings ...

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

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

    The post How 401(k) Loans Impact Your Taxes appeared first on SmartReads by SmartAsset. While borrowing from your 401(k) account can hurt your long-term retirement planning, that’s not the only ...

  5. Experts Explain: Should You Ever Borrow From Your 401(k) To ...

    www.aol.com/experts-explain-ever-borrow-401...

    Arrearages on car payments; i.e., using money borrowed from a 401(k) to catch up on car payments to prevent repossession Legal fees in situations including child custody, divorce, estate planning ...

  6. 8 Different Ways To Pay Your Taxes, and Pros and Cons of Each

    www.aol.com/finance/8-different-ways-pay-taxes...

    Early withdrawals from 401(k)s incur a 10% penalty — plus you have to pay taxes on the amount you take out since pre-tax dollars funded the account. ... If you have to borrow money to pay the ...

  7. Should you use retirement savings to pay off debt? - AOL

    www.aol.com/finance/retirement-savings-pay-off...

    Imagine you have $100,000 in your 401(k), and you’re considering withdrawing $20,000 to pay off debt. If you’re in the 25 percent tax bracket and you’re under 59 ½ years old, you’d pay a ...

  8. 5 debts to prioritize paying off before retirement - AOL

    www.aol.com/finance/debts-to-pay-off-retirement...

    Use unexpected windfalls like tax refunds and bonuses to pay down balances. ⚠️ Strategies to avoid. Don't tap into your 401(k) or IRA to pay off credit cards. This can trigger taxes, as well ...

  9. What Do I Need to Know About 401(k) Withdrawal Taxes? - AOL

    www.aol.com/401-k-withdrawal-taxes-181505818.html

    Continue reading → The post All About 401(k) Withdrawal Taxes appeared first on SmartAsset Blog. ... examples of expenses some people pay with 401(k) funds. ... if borrowing the money from your ...

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