In this video, I discuss the option of utilizing 401k funds for a down payment on a house. I explain the rules and regulations surrounding 401ks, including the possibility of loans and exempt withdrawals for a home purchase. Viewers are advised to inquire with their employer about available options and consider the benefits of a loan over a withdrawal. Self-employed individuals with solo 401ks have additional flexibility. Ultimately, investing in a home is seen as a valuable long-term investment.
YOUTUBE VIDEO: Can You Use 401k Money For A Down Payment On A House?
