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I recently lost my job and had a 401k loan out. I realize that by not paying it back, I'm defaulting and will get hit with the penalty...nothing I can do about that. My problem is now that I need...
we took out a 401k loan and it has a very high payment. with the economy being so bad, we really need the money for our household expences.
If i have an oustanding 401k loan balance of $1,000.00 when i leave my current job. What are my options with the balance if i'm not able to pay that amount in full? Will they deduct it from my final...
401K Loan Questions | Page 1 of 1