There's a New Exception to the 401(k) Early Withdrawal Penalty. Should You Use It?

There are definite pros and cons to taking a 401(k) withdrawal for this.
PLANADVISER

Federal Bill Would Waive Penalties for First-Time Home Buyers Tapping 401(k)s

A Republican lawmaker is pushing forward with a retirement account withdrawal plan even after the president expressed ...

Trump's 'not a huge fan' of using 401(k) money to buy a home. Financial advisors aren't, either

President Donald Trump said he's not in favor of using 401(k) money to buy houses, despite one of his top economic advisors ...
Crain's Cleveland Business

U.S. House bill allows penalty-free 401(k) withdrawals for homes as Trump expresses doubt

The Home Savings Act, introduced by Rep. John McGuire, R-Va., would amend the Internal Revenue Code of 1986 to allow for ...
HousingWire

Trump pours cold water on 401(k) down payment idea

Trump expresses doubts about penalty-free 401(k) withdrawals for homebuyers, shifting focus to institutional buyers and ...

I’m 38 with $16K in credit card debt—should I dip into my $25K 401(k) to pay it off?

Key Takeaways For most people, the answer is no—raiding a 401(k) to pay off credit card debt costs far more than grinding ...

Step-by-step guide to rolling over a 401(k) into a gold or silver IRA

Thinking about rolling over a 401(k) into a gold or silver IRA? Learn who’s eligible, how it works and what tax and timing ...

Trump says he'll let you tap your 401(k) to buy a house — but you already can

The Trump administration's proposal to let you tap your 401(k) for a house down payment already exists under current IRS rules. However, pulling money out comes with costly consequences.