| Title | : | Can I use my 401k to buy a house? Pros u0026 Cons |
| Lasting | : | 5.53 |
| Date of publication | : | |
| Views | : | 13 rb |
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Buying stocks might seem easy, but picking the right one without a solid plan is tough I've been trying to grow my $100K portfolio, but the tricky part is not having clear plans for when to buy and sell Any tips on this would really help Comment from : @FlorentGulliver |
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I thought you can take up to 10k for purchase of a home without a penalty Comment from : @BronzeGirl |
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Great info bad 🎤 tho Comment from : @berhegebrekristos3547 |
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This was very helpful! Thanks for being clear and straight to the point Comment from : @blondsciousblondie8996 |
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So, if I have a 4 other accounts to draw from this may be an option as I'm continuing to work for another 20 years Comment from : @renelopez2244 |
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I withdrew a lot and paid my loan on 401k that’s because I am earning more this year I have been investing while working at the same time I invested through TERESA JENSEN WHITE, same woman that an anchor ‘jim cramer’ kept mentioning on CNBC, and made multiple of my start up capital within three months She lives here in the USA and she is licensed Comment from : @omikandre8912 |
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There are no pros, but only cons You NEVER use a 401k for buying a home You lose the hundreds of thousands that your money would have made Comment from : @jimroscovius |
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I took a loan from 401 k to buy a house January 2021 I didn’t buy a house after Now what ? Should I repay the wholly loan or keep doing monthly payments? Any penalties? Comment from : @nomiralkhier7966 |
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So if you pull this money out completely under the age of 59 and a half I don't need to pay that back anymore other than the 10 penalty fee? Comment from : @juniorsanabria4682 |
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Best time to wildraw was last year for the pandemic No penalty just taxes I got 30,000 and only paid about 2,80000 in taxes Got a house and my house as increased 70k in a year Comment from : @madelineortiz6648 |
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Good share, thanks for making it easy to understand Also your daughter is adorable! Comment from : @larcydoingthings |
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Awesome Info 👍brThank you Comment from : @blackballoon4u |
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Great information Comment from : @MikeBowler |
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