Posts Tagged ‘Interest Loan’
Can you take out money from your 401k account as a no interest loan to yourself and without tax penalty?
Bri asked:
Can you take out money from your 401k account as a no interest loan for yourself and without tax penalty?
My friends mother is thinking about doing it – she says it’s taking out a loan against the 401k and her employer will be deducting pay from her check every pay period.
Sheila
Can you take out money from your 401k account as a no interest loan for yourself and without tax penalty?
My friends mother is thinking about doing it – she says it’s taking out a loan against the 401k and her employer will be deducting pay from her check every pay period.
Sheila