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Can a employee borrow from plan & tryst ..

May 31, 2016 by raymond in  |  Flag
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Your question is unfortunately too vague to give you an answer with any certainty. However, I can give you a general answer. Most 401k plans will allow you to borrow up to 50% or $50,000 (whichever is less) from your plan. You can easily find out more information by contacting HR or your 401k provider. Good luck!

Comment   |  Flag   |  Jun 02, 2016

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There are several methods that can be used to borrow money from your 401K. Do be aware that penalties exist if you are under 59 1/2. Contact your HR representative to see if you fall into any of the hardship categories. Best of Luck

Comment   |  Flag   |  Jun 07, 2016

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