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

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“What did the council decide on item 42?” — answered with the speaker and the moment.