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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) 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.

4. 401(k) - Wikipedia

   en.wikipedia.org/wiki/401(k)

   Many plans also allow participants to take loans from their 401(k). The "interest" on the loan is paid not to the financial institution, but is instead paid into the 401(k) plan itself, essentially becoming additional after-tax contributions to the 401(k). The movement of the principal portion of the loan is tax-neutral as long as it is ...

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

   www.aol.com/finance/biggest-401-k-mistakes...

   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 ...

6. Guaranteed investment contract - Wikipedia

   en.wikipedia.org/wiki/Guaranteed_investment_contract

   A guaranteed investment contract (GIC) is a contract that guarantees repayment of principal and a fixed or floating interest rate for a predetermined period of time. Guaranteed investment contracts are typically issued by life insurance companies qualified for favorable tax status under the Internal Revenue Code (for example, 401(k) plans).

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

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

   Deciding to borrow from your 401(k) is a decision that shouldn't be taken lightly. ... The post Where Does Interest on a 401(k) Loan Go? appeared first on SmartReads by SmartAsset. Skip to main ...

8. Should you use a personal loan to invest and build wealth? - AOL

   www.aol.com/finance/personal-loan-invest-build...

   When you qualify for the most competitive interest rates, you will pay less interest over the life of the loan — meaning borrowing the money will cost you far less and thus is less of a risk ...

9. 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...

   Good to know: Unlike traditional auto loans, 401(k) loan rates aren’t based on your credit score. As a result, if you have poor credit, you might be able to get a lower rate than you would with ...