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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...

   Early withdrawals are less attractive than loans. One alternative to a 401(k) loan is a hardship distribution as part of an early withdrawal, but that comes with all kinds of taxes and penalties ...

3. 401(k) Hardship Withdrawals: What You Need to Know - AOL

   www.aol.com/401-k-hardship-withdrawals-know...

   A 401(k) hardship withdrawal is the process of accessing funds in your workplace 401(k) account before retirement age (currently age 59 ½). While there are typically penalties for withdrawing ...

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

   www.aol.com/finance/complete-guide-401-k...

   Bankrate’s 401(K) calculator can help you estimate your savings over time. ... What is a 401(k) loan? ... Any 401(k) withdrawal that occurs before age 59 1/2, however, may be subject to an ...

5. 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 .

6. 401(k) and IRA hardship withdrawals – 5 ways to minimize ...

   www.aol.com/finance/401-k-ira-hardship...

   5. Try a 401(k) loan. While you may be enduring tough times, that doesn’t mean you’re limited to only a hardship withdrawal. As an alternative, consider a 401(k) loan, which can offer some ...

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

   www.aol.com/finance/withdraw-money-401-k-early...

   401(k) loan. 401(k) loans are generally considered to be a better option than a hardship withdrawal if given the choice, since you’re essentially borrowing from yourself. Not all plans allow 401 ...

8. 5 ways to avoid taking early withdrawals on your 401(k ... - AOL

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   5. A loan can be better than an early withdrawal. While an early withdrawal comes with a lot of downsides, you may be able to take a loan from your 401(k) that eliminates at least some of those ...

9. 8 ways to take penalty-free withdrawals from your IRA or 401(k)

   www.aol.com/finance/8-ways-penalty-free...

   “When the 401(k) has both a loan provision and hardship withdrawal provision, the participant must first use the loan provision before going to hardship,” Gordon says. 7. Higher education expenses