Personal Finance: 401(k) : How to Purchase a Home Using a 401(k)

1,103 views · Published 31 October 2008 · 1:34 · Indexed 23 October 2026

Channel: ehow · 2008 · Howto & Style

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To purchase a home using a 401(k), be cognizant of the penalties and taxes that may apply by the IRS, and make sure that using 401(k) money is less expensive than other alternatives. Consider other financial options before buying a home with a 401(k), like mortgage insurance or a second mortgage, with tips from an investment professional in this free video on personal finance.

Expert: Phillip Beningoso
Contact: www.wearehdtv.com
Bio: Phillip Beningoso has a bachelor's of arts degree with a major in finance and a minor in economics and computer sciences from Kent State University.
Filmmaker: Christopher Rokosz

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