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2. 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.

3. 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 ...

4. 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.

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. This pre-tax option is what makes 401(k) plans ...

6. Comparison of 401(k) and IRA accounts - Wikipedia

   en.wikipedia.org/wiki/Comparison_of_401(k)_and...

   Loans When still employed with employer setting up the 401(k), loans may be available depending upon the plan, not more than 50% of balance or $50,000. No Early Withdrawal Generally no when still employed with employer setting up the 401(k). Otherwise, 10% penalty plus taxes. There are some exceptions to this penalty. [9]

7. 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 ...

8. What Is a 401(k) Plan? Everything You Need To Know - AOL

   www.aol.com/finance/401-k-plan-everything-know...

   401(k) Loans. Your 401(k) plan may allow you to borrow against your vested balance. The loan must be repaid (typically within five years), and if you leave your employer, the entire loan balance ...

9. 401(k)s Made Easy: The 7 Things You Really Need to Know - AOL

   www.aol.com/news/2013-12-17-401k-basics...

   Years down the road, when the time comes to take out your 401(k) money, you will have to pay the standard income tax on it. But you don't have to pay taxes on the money you contribute in the year ...