All about Coin
Upload
?? Work at Pickup Points
50+ vacancies Apply via Telegram >

Should I Take A Loan From My 401k? What You Need to Know.

#401klady Jeanne Sutton 5 views

Download Video

Comments


@The_Waraba
 Best explanation, I have seen on the subject!
Comment from : @The_Waraba


@Stanislav_Sikulskyi
 Very well-rounded and concise explanation!
Comment from : @Stanislav_Sikulskyi


@mskrh640
 Thank you
Comment from : @mskrh640


@michaelplitt2135
 What fees are currently incurred when getting this type of a loan? That's another serious consideration Also, I've heard that if used for a home purchase you have 15 years to pay back
Comment from : @michaelplitt2135


@BrianSmithNow
 Very helpful Thanks
Comment from : @BrianSmithNow


@lexcilately
 Is your boss made aware that you took out a loan?
Comment from : @lexcilately


@washedout8055
 Great video!
Comment from : @washedout8055


@michaelchow8944
 Exactly the information I was looking for Very thorough Thanks
Comment from : @michaelchow8944


@djarcelona09
 Great information! What if I had 401k loan and was furloughed but re hired by feb 2023? The same company Do I still need to payback the whole loan?
Comment from : @djarcelona09


@El_Dusty_
 The taxed twice information you gave is incorrect You pay your taxes as you pay back the loan as well as when you take withdrawals at retirement or roll it over You do pay your full taxes twice although at different times and after appreciationbrbrThe easiest way to look at it is you are taking your own pre-tax money and paying it back with post-tax dollars An instant loss and almost always a bad idea when combined with opportunity lost and the risk associated with possible penalties
Comment from : @El_Dusty_


@peaceful4you408
 It just puts you in even more debt on top of debt you probably already have Definitely Not a good idea taking money from a 401k
Comment from : @peaceful4you408


@danlee5184
 Excellent video! Simple, understandable, no extra stuff, and eloquently stated
Comment from : @danlee5184


@edwinhargrave679
 Good job
Comment from : @edwinhargrave679


@RandR
 Great information! Thanks!
Comment from : @RandR

Related Videos

What investments should you buy in your 401k?! #investing #401k #finance #newjob 0.57
What investments should you buy in your 401k?! #investing #401k #finance #newjob
Your Rich BFF
67 views
Get The Money Out Of Your 401k ASAP || Should you leave your money in your 401k or move it to an IRA 13.16
Get The Money Out Of Your 401k ASAP || Should you leave your money in your 401k or move it to an IRA
Everything They Never Told You
184 views
meezan bank loan 2025 - meezan loan 2025 - meezan bank personal loan 2025 -meezan bank business loan 9.10
meezan bank loan 2025 - meezan loan 2025 - meezan bank personal loan 2025 -meezan bank business loan
Loans And Banking Point
3 views
100% loan approval/ No cibil score loan/best loan app 2025 Tamil / loan app Tamil #loanapptamil 4.15
100% loan approval/ No cibil score loan/best loan app 2025 Tamil / loan app Tamil #loanapptamil
RKS EARN MONEY
193 views
When is it okay if you take a 401k loan? ? 4.44
When is it okay if you take a 401k loan? ?
Jazz Wealth Managers
10 views
3 times its ok to take a loan from a 401k | Retirement planning 5.39
3 times its ok to take a loan from a 401k | Retirement planning
Jazz Wealth Managers
249 views
How Can I Take A Loan From My 401k? - Ask Your Bank Teller 2.34
How Can I Take A Loan From My 401k? - Ask Your Bank Teller
Ask Your Bank Teller
86 views
Your 401k – How do you use it? What are the 401k withdrawal rules? 8.00
Your 401k – How do you use it? What are the 401k withdrawal rules?
Sierens Financial Group
625 views
401K for Down Payment | Surprising Pros and Cons of Tapping into 401K 5.56
401K for Down Payment | Surprising Pros and Cons of Tapping into 401K
Jeff the Mortgage Pro
14 views
Don’t Cashout 401k, Instead do a Rollover #401k #money #financetips #moneyhacks #personalfinance 0.20
Don’t Cashout 401k, Instead do a Rollover #401k #money #financetips #moneyhacks #personalfinance
Avance Latino
7 views
100% LOAN 0% DOWN PAYMENT USING AN FHA LOAN 2024 | FHA Loan Secret 12.08
100% LOAN 0% DOWN PAYMENT USING AN FHA LOAN 2024 | FHA Loan Secret
The Mortgage Patriot
148 views
Bank of Baroda Gold Loan | BOB Gold Loan Interest Rate | Gold Loan Interest Calculation Formula | 6.55
Bank of Baroda Gold Loan | BOB Gold Loan Interest Rate | Gold Loan Interest Calculation Formula |
Desi Loan Talk
315 views

Popular Tags

Advertisement
📍 Work at Pickup Points
Flexible schedule • Good salary
Apply on Telegram
VERIFIED PARTNER
Work at Pickup Points (PVZ)
Official employment Training provided Career growth
Looking for a job? Check our Telegram channel
Copyright © 2025 • All about Coin • All Rights Reserved. • DMCA • Contact