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Can I use my 401K to buy a home?
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Yes, you can use your 401K to buy a home. Many employers offer the option of taking part of your 401K and investing it in real estate. This is called a 401K loan or a Home Purchase Plan (HPP). You will have to pay back the loan with interest over time, but this could be beneficial for those who want to buy a home without using all their savings upfront.