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

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   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. 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 ...

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

   www.aol.com/finance/m-52-years-old-just...

   How 401(k) loans work. A 401(k) loan works similarly to a traditional bank loan in that you borrow a sum of money and are then obligated to repay those funds on a schedule that your plan provider ...

5. 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 ...

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

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

   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 ...

7. What's the Most I Borrow From My 401(k)? - AOL

   www.aol.com/finance/whats-most-borrow-401-k...

   If you contribute to a 401(k) retirement account, you may be able to take a loan from the plan. The maximum amount you can borrow is limited to the lower of $50,000 or up to 50% of your vested ...

8. 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...

   A 401(k) loan involves borrowing money from your retirement savings and repaying yourself over time. In other words, you’re making a loan to yourself. The loan payments go back into your ...

9. 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 ...