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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. 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 ...

  4. 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.

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

    www.aol.com/finance/5-ways-avoid-taking-early...

    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 ...

  6. 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 .

  7. The Pros and Cons of Withdrawing on Your 401(k) Early - AOL

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

    People love 401(k) plans because they're simple, contributions are automatic and, in many cases, they offer free money in the form of matching employer funds. Unlike Roth IRAs and annuities ...

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