Can You Use Your 401(k) To Buy a House?
b"A down payment on a home will probably be the biggest transaction you\\u2019ll ever make in your life\\u2026 and if you\\u2019ve 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.\\nOriginally aired 01-10-2023 \\n\\nWant 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\\nInvestors: want to get a 1% bonus on your investments? Check out our sweet deal with Robinhood at http://robinhood.com/mnn\\xa0\\nIs mental health a resolution for 2024? Get 10% off your first month of therapy with BetterHelp at: http://betterhelp.com/moneyrehab\\xa0\\nWant one-on-one money coaching from Nicole? Book a meeting with her here: intro.co/moneynewsnetwork"