- Joined
- Apr 23, 2012
- Messages
- 91
so i have like 315 left on a 401k loan and i want to pay it off because i need to take another loan out. does anyone know how long it takes to process the pay off so i would be able to take another loan out
Same here. I have not touch it yet.yeah i did check my pension total why i have been with spot for well over 5 years
You can take that too.yeah i did check my pension total why i have been with spot for well over 5 years
The tax charge would been less than 33% tax charged on the 401k.But wouldn't I get penalized for taking my pension early? I have a wicked old handbook from when I first started 12+years ago but
so i have like 315 left on a 401k loan and i want to pay it off because i need to take another loan out. does anyone know how long it takes to process the pay off so i would be able to take another loan out
Thanks, I understand that. I have taken out a loan from my 401k in the past. My question is about what happens if your check does not cover the payment. I have been having my hours reduced and who knows what will happen in the course of the next 3 years!After you decide on the amount of your loan for example 1100.00 target will add the onetime interest free 100.00 (usally not that big) u select a 1 2 3 payoff year plan. They devide the remaining checks in that period and remove the amount from ur check instantly so if u had a 1 yr plan 50 everycheck