From Yahoo Finance: 2025-06-12 13:54:00

If you’re considering using your 401(k) to buy a home, there are important factors to consider. While you can access your retirement savings for a down payment or to lower your mortgage interest rate, early withdrawals come with income taxes and fees. However, some employers offer 401(k) loans that allow you to borrow up to 50% of your vested balance or $50,000, whichever is less, without facing penalties. Repaying the loan with interest can be a better option than withdrawing the funds outright. Make sure to understand the terms and implications before tapping into your retirement savings.



Read more at Yahoo Finance: Can (and should) you use your 401(k) to buy a house?