Loan Withdrawal From 401k

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Posted on December 25, 2018 at 17:03 PM

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What to Know Before Taking a 401(k) Hardship Withdrawal
For six months after you take a 401(k) hardship withdrawal, you will not be allowed to make contributions to your 401(k) plan. You are also not allowed to pay back the amount of the hardship withdrawal, but you can continue to contribute (after the six months) up the maximum 401(k) allowable contribution limit for the year.
Borrowing or withdrawing money from your 401(k) plan - AXA
Borrowing or withdrawing money from your 401(k) plan Plan loans. To find out if you're allowed to borrow from your 401(k) plan and under what circumstances, check with your plan's administrator or read your summary plan description.
Taking a loan from your 401(k) | MassMutual
Borrowing from your 401(k): The risks By Amy Fontinelle Amy Fontinelle is a personal finance writer focusing on budgeting, credit cards, mortgages, real estate, investing, and other topics.

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