Can You Use Your 401(k) To Buy a House?
A down payment on a home will probably be the biggest transaction you’ll ever make in your life… and if you’ve been diligent about contributing to your 401(k), you might be tempted to fund your down payment from that nest egg. It's allowed, but comes with strings attached. Nicole explains the 411 on using a 401(k) to buy your dream home.
Originally aired 01-10-2023
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Is mental health a resolution for 2024? Get 10% off your first month of therapy with BetterHelp at: http://betterhelp.com/moneyrehab
Want one-on-one money coaching from Nicole? Book a meeting with her here: intro.co/moneynewsnetwork
Learn more about your ad choices. Visit megaphone.fm/adchoices
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A down payment on a home will probably be the biggest transaction you’ll ever make in your life… and if you’ve been diligent about contributing to your 401(k), you might be tempted to fund your down payment from that nest egg. It's allowed, but comes with strings attached. Nicole explains the 411 on using a 401(k) to buy your dream home.
Originally aired 01-10-2023
Want the kiddos in your life to become money masters? Check out Greenlight, the best money app and debit card for families (and get one month free!): http://greenlight.com/moneyrehab
Investors: want to get a 1% bonus on your investments? Check out our sweet deal with Robinhood at http://robinhood.com/mnn
Is mental health a resolution for 2024? Get 10% off your first month of therapy with BetterHelp at: http://betterhelp.com/moneyrehab
Want one-on-one money coaching from Nicole? Book a meeting with her here: intro.co/moneynewsnetwork
Learn more about your ad choices. Visit megaphone.fm/adchoices
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