enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

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

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

   Having the option to get a 401(k) loan depends on your employer and the plan they have set up. ... This type of loan can usually get you a lower interest rate, but keep in mind that your home is ...

3. Where Does Interest on a 401(k) Loan Go? - AOL

   www.aol.com/where-does-interest-401-k-144204246.html

   One major aspect of borrowing from your retirement is the topic of where the interest goes. That […] The post Where Does Interest on a 401(k) Loan Go? appeared first on SmartReads by SmartAsset.

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

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

   You’ll miss out on interest: When you withdraw money from a 401(k) account, you limit the impact of compound interest on your retirement savings. Assuming a 7 percent annual growth rate, if you ...

5. Suze Orman says everyone should invest in a 401(k) – but ...

   www.aol.com/suze-orman-says-everyone-invest...

   In addition, "It is common to assume that a 401(k) loan is effectively cost-free since the interest is paid back into the participant’s own 401(k) account," says James B. Twining, CFP®, CEO and ...

6. 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 ...

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

   www.aol.com/finance/using-401-k-loan-buy...

   If you cannot get a more reasonable interest rate elsewhere, a 401(k) loan may be the right choice. ... the loan from your 401(k) or other retirement plan may be treated as a distribution, so ...