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Penjelasan Pinjaman 401k (Anda Harus Mengambilnya Lebih Sering dari yang Anda Pikirkan)

See the Forest Through the Trees 100 views

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If you have high amount in 401k , taking a small loan is not bad I took three times and bought four properties Keep investing in 401k while repaying the loan Your money will grow fast
Comment from : @Jithu_VA

Is there any difference on roth or traditional when it comes to loans and tax on the loam ect?
Comment from : @my40calbangz19

Dave Ramsey told me no😂 But I am more educated now I am contemplating using one for a short period for a home down payment I prefer cash but I don't want to lose my annual 1 year cash savings for the 20 down
Comment from : @timothygibney159

You pay taxes on the money twice, plus it’s money out of the market It’s the most expensive loan you can possibly get
Comment from : @37gdog

It's my money and I want it now😂
Comment from : @samuelRuffin-w8r

I got a question?brIf I took out 10k of my 401k and immediately put it back brWould that add extra interest to my account?
Comment from : @B0BCasta

Isn't a 401k loan great when u have another loan and ur paying interest to a bank, so Instead of paying the bank interest ,u pay urself back with interest instead This way u pay urself interest instead Did I get that right? And I can pay extra to pay it off early Yes and dont pay a loan off just to max that same loan again Just takes a lil discipline
Comment from : @entertainmentinternational1087

When you borrow from 401k, are you borrowing face value dollars or are you essentially borrowing # of shares? Like what if i didn't NEED a loan but take one right before a calculated dip and pay back in one lump sum when share prices recover Am i gaining shares?
Comment from : @rtownsend744brad

Took loans twice in two separate occasions to purchase properties in Overseas years ago Properties quadrupled in value but I still keep them I took another one this year to buy my retirement car Paying myself interest and building the portfolios and enjoy the amenities as well 401k loan works
Comment from : @ayhandiker9167

Should I use it to pay off a high interest medical school loan?
Comment from : @AdamRuggles-i3n

My co workers take out 401k loans for down payments on cars and trips to Vegas 😂
Comment from : @kilsignal

What happens if you default your 401k like if you get fired Does that hurt your credit in anyway or do you just pay the tax penalty
Comment from : @russellmania5349

MOST OF US WONT LIVE TO SEE THIS MONEY, SO MAKE IT WORK FOR U WHILE U CAN
Comment from : @bloodgreen2011

Any thoughts on pulling a 401k loan in the current market (April 2025) to put in a high yield savings account to accrue interest?
Comment from : @lindseyrosenbalm-penry4763

Many advisers still talk down taking a loan from your 401K, which is quite surprising I have used this option from a 457k, and while repaying it, the account experienced rapid growth I am planning to do it again to settle debt with an incredibly high APR Your video, even though it’s two years old, remains relevant today I also discovered something new: I'm actually paying the interest on the loan back to myself as well NEW SUBSCRIBER> just now
Comment from : @shoop4040

I'm thinking of doing is to help pay for my daughter's College
Comment from : @thebossman60

I might have to take money out in a loan to pay back taxes
Comment from : @dougmeyers

I just took a loan out of mine to get out of credit card debt I need to move, and was slowly sliding into missed payments but my 401K was at 12 for 10 years (on accident) and I figured that money needs to help me now or I wouldn't make it until 65
Comment from : @leewilliams6448

How about borrow during a stock market decline ?
Comment from : @CasualExplains

If I take out 4k loan on my TSP, I can wipe out 2 high credit cards at 26 and 30 These are CapONE and Synchrony It's taking me forever to pay them off with my GS5 salary The I would be paying back is 45 to myself Single guy To me, seeing forest for the trees makes $en$e Am I missing something?🤔
Comment from : @timdenny1991

Would you recommend taking a 401k loan to reach 20 down for a mortgage loan?
Comment from : @Lightninbluestang820

This was excellent! Very helpful
Comment from : @PrettyArmorJewelry

I used a loan buy a car cash it was an old car but literally was only used to go to the store it had 32,000 miles So I got pretty much new luxury car in perfect shape with all the add ons for a few thousand bucks Since on paper it was old my insurance was almost nothing
Comment from : @Wildside_Recovery

How many loans can we have while still paying one back or does it go off about the loan amount
Comment from : @antoneiomontgomery8818

I took a 401k loan to pay off my truck Lower interest rate and if I decide to sell, I get all the money
Comment from : @PetersonPrimePike

I'm glad that I found your video I am in the process of borrowing money to my 401k, until I seen a video advising that it is a bad idea to borrow 401k However, the videos didn't explain the reasons I want to use it to pay some of my student loans, and to speed up the payment
Comment from : @katherinesacdalan5998

I took a $40,000 loan to use to fund real estate investments Bought a rental property with 3 units on it I repaid 50 of it and changed jobs, so paid a penalty and taxes on it as income I held the property for 13 years and I’ve since sold that property for 10x, so I made a million of it
Comment from : @JasonVanHorn-p2u

I took out a 2k loan I was curious about it and accidentally kept my lowest bi weekly payment as 1175$ so when I got the 2k it would’ve taken forever to pay it off 😂 but I paid it off early for a grand
Comment from : @sensufr219

This is targeted toward susceptible populations be wary and check the advice you’re given
Comment from : @branm9926

Some plans don't have match and some plans won't allow you to participate in contributions while paying back a loan
Comment from : @charlesbyrneShowComments4all

I have a 401k with old employer I do not want to roll it over to new employer planbrWhat should I do so I can move my old 401k and still be able to get a hardship loan or for kid college education if I need it in the future ?
Comment from : @HonestGuy-gh9yn

I rolled over 401k to Traditional IRA Can I get a loan from a traditional loan, or does it have to be 401k?
Comment from : @HonestGuy-gh9yn

But HOW MUCH CAN I LOAN?? 50k only!!!
Comment from : @natserrano

My husband and I are in the process of building a house in another state The house I built in 2018 has gained $200k in equity and with what I paid and what I expect to sell the current house fore, I expect to have $170k after closing and realtor fees We are in the process of doing a two time closing to build our house and just got information that the closing cost is going to be about $15k higher than expected We have money saved but now need access to that $15k to make it happen - and this video just helped me make up my mind that if we can't reduce the closing costs - this is the way to go Especially with the way the market is right now and paying myself back interest and do a big lump sum payment at the end of the year when we get closer to closing on the new house and sell our current house here brbrThank you for creating this video! You made it simplistic and helped me realize that this is one of my better options!
Comment from : @Tallnashguy83

The best thing to do with a HELOC is to borrow the $ and buy a very stable dividend stock like Coca Cola/DOW/Johnson & Johnson and take the dividends and pay off the HELOC Repeat this principle until retirement and you have a home thats paid off and dividends for life I know a doctor that did this with bank stocks over his working career and now gets over $500,000/year in dividends from one bank stock
Comment from : @dewservices

Hello, do you lose your employer match if you are in the process of paying back a 401k loan?
Comment from : @fabiellyvasquez2420

I want to take one, but also don’t want to stay at my job long enough to pay it back
Comment from : @BrightPathOne

I take loans on the ATH of the yr on the market and buy silver and gold, pay off stuff This only works obviously a stable job
Comment from : @izaiahDzz3080

401k loan to buy a home I can’t afford and rent it out and refinance when I can
Comment from : @funnyperson4016

My 401k loans have saved my life ever since I started having a 401k If you use it right it will benefit you in a positive way Thanks fidelity 😊
Comment from : @daviddominguez7545

Great video thank you
Comment from : @aaronc4724

Is it smart to take out a 401k loan to invest in high dividend etfs?!?
Comment from : @ccastill79

My wife wants us to consider taking like 4k loan from her 100k balance in her 403b to pay all 4k of credit card debt but I told her it doesn’t make sense bc if she earns 8 this year on her 100k that a lot better than paying off that credit card debt Thoughts?brbrGreat video
Comment from : @jroark101

So i have a car loan thats got about 2 years left of payments But i also have a huge maintenance coming up for the car I could just trade it in and use the profit to get into another car loan But i kinda wanna use my 401k to take a loan out, pay the remaining balance and do the maintenence Avoding getting into another 6 years of financing a car Even tho, Id be paying my loan back in through installments for possibly 5 years as well
Comment from : @yaboygreyy7

I did this once to pay off house mortgage to avoid paying interest I paid it off; now I am planning to take another one for the same reason There is no way I am letting the mortgage bank take interest from me while my money is available to fight back the unfair interest We need to think hard on how to stop being slaves for these bankers
Comment from : @AbdullahAlkhwlani

Great video
Comment from : @shaneoliver4349

My daughter (33) has a master's and a great professional job Sadly, she's also crippled financially by predatory student loans and absurd rent increases She desperately needed a new car, so I helped her by paying a nice down payment and she financed the rest via a loan from her 401(k) at my suggestion It's proven to be a great strategy to suit her circumstances True, she missed out on the current uptick in the market, but at least she's just paying herself back
Comment from : @byteme0000

Can the money be paid back in full right away or must it be paid back monthly over the course of the loan terms?
Comment from : @eclipsegsx96

Bet
Comment from : @asanchez2974

Glad to hear this info, I've been planning to take a 401k loan for a few months now, and am being as precautious as possible, until I know all the pros and cons I talked to someone at Fidelity, and they said you can take out as many loans as you want as long as the one before is paid? Not like I'm planning to do that, but I can't decide how much I want to take, although I have a multitude of reasons to I've had the same job for 12 years, don't plan on leaving, but I might at the same time so that's a factor
Comment from : @Unz360

i owe about 12,000 in credit cards should i barrow from my 401k to pay them off what should i do
Comment from : @mamisomorales4474

Right before a collapae
Comment from : @Sky1

I used mine to pay off my house and do some necessary repairs during the pandemic So far I’ve avoided market drops and I’m still contributing so all good here
Comment from : @jvaldez5

I'm wondering if people who went through the financial crisis in 2008 had an easier time than me right now The stock market is making me really worried because I've lost over $27,000 in just this month and I'm not making as much money as I used to This is making me concerned that I might not have enough money saved up for my retirement since I can't add to my savings
Comment from : @Greggsberdard

First time viewer here 👋🏻 great video!! I am curious though, can you get a loan from your 401k to buy a house when the house you're buying is not your primary residence?
Comment from : @samiam1210

I plan on borrowing against my 401k to pay off my student loans (now that interest is being reimplemented on student loans) The compound interest on student loans is a killer and I’m projected to pay back the 401k loan within 6 months Do you think it’s a good strategy?
Comment from : @pachecoeverafter6178

I have $15000 in high interest credit card debt from a medical emergency several years ago At a rate of 1999 I am also 58 years old Should I take a 401k loan at 9 interest I will need 4/5 years to pay it back
Comment from : @debbiecosmano2733

Thanks for the video!!! Very informative! When paying back, will it withdraw before tax or after tax? It sounds attractive if it is before tax Also, if getting a mortgage later, will 401k loan payment be counted in DTI? I’m currently getting an auto loan with interest rate at 569, the 401k interest loan Apr is 975 I’m thinking of borrowing 20k out from 401k loan to the auto loan principal , in this case I’m paying less interest to the bank😅 I do have saving to cover the whole loan amount(40k) but just checking if any other ‘wise’ option out there
Comment from : @aaronzheng519

I have a financial investment opportunity that I want to invest in and I don't have any other options but to borrow from my 403 b is that a good choice?
Comment from : @katcesar3956

What steps do u take to go about a 401k withdrawal? I keed to make one NOW😢
Comment from : @JayTrader84

Was it a smart move to take a 401k loan to put in a CD at 5??
Comment from : @SrBarbaNegra

Makes a lot of sense for people who need to buy a vehicle and rather than paying a bank the interest pay your self the interest! Even though a vehicle is a depreciating asset it's still better than giving the money away!
Comment from : @vodkatonic814

Do they still take out normal 401k contributions while also taking out the loan re paymemt?
Comment from : @backrack01

If I get a loan from my 401k , let’s say I was doing 9 of each paycheck to invest , after my loan will I have to make a payment for the loan AND pay a payment for the loan itself ?
Comment from : @clayevins6795

So if I take a loan on my 401k are they going to take the 9 PLUS the loan payment each paycheck ?
Comment from : @clayevins6795

I believe the big question here is how much growth in your 401k is it costing you over time sometimes those numbers can be a game changer I’m afraid if I keep borrowing against my 401k I’m risking my potential years of growth I’m not sure
Comment from : @seekingtruth9677

On timestamp starting 6:38 which you discussed about the small loan interest that has tax implication that comes back later in life, are you referring to retirement?
Comment from : @mamabearfinds

Only way that I can Hedge my 401k from the coming market fall (no safe cash options allowed in the plan so they can collect their fees of course) is to take a LOAN out on it and put the money in 3 month Treasury's at 5 Annualized, repeat Can pay it back in full at any time if need be
Comment from : @KG-wh8yv

So basically Dave Ramsey is full of shit
Comment from : @WakeRunSleep

5k in credit card debt, would you take out 401k personal loan to pay off and raise credit score?
Comment from : @nicktowell

I've used a small portions to purchase stocks at their lows
Comment from : @mojo5941

What about to pay off a mortgage?
Comment from : @orlandomedina3429

I'm taking a $50k 401k loan to fund the rehab of a flip property I'm expecting to pay off my 401k loan within 6 months (at or around the time I liquidate my flip), so really I'm just protecting my actual cash (checking account) by using short-term low-cost debtwhose handful of loan interest payments are going directly back into my 401k retirement account
Comment from : @ke0kie

So we took 401k loans to help w down payments on a home We had not yet sold out other property at the time of the purchase Now our other house is set to sell we will be getting a nice amount of equity from that sale and plan to recast the loan to get a lower monthly payment with the equity proceeds and we were planning to payoff the 401k loans also But im wondering it we would be better off making payments on the 401k loans and use that extra equity for the recast and drop our mortgage payment even more Probably would drop it $800/ month brWhat say you?
Comment from : @bretkoops950

I'm considering taking a 401k loan to my my education
Comment from : @marvinyancor4587

thanks!
Comment from : @marvinyancor4587

Plan to do this Q2 2024 if housing prices are down to the right spot and rates are still through the roof Focusing on knocking out 50k in debt and am hopeful I’ll be able to do it in the next few months so I can start stacking away as much as possible for my first home brbrQuestion for you: what do you think rates will look like Q2 2024? I know the fed has stated they are adamant about bringing down inflation rates
Comment from : @375Cheytac

Ok so I applied for a 401k loan I'm young and have been at my company for 12 years I should have no trouble being approved right since they offer the loan on our investment website? I'm just worried about being denied because I really need the money and soon
Comment from : @mds525700