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Brown Cafe UPS Forum
UPS Retirement Topics
Can you loan your 401?
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<blockquote data-quote="UPS4Life" data-source="post: 1491445" data-attributes="member: 53903"><p>I was wondering if you are able to loan against your 401k to pay off a loan. The reason I ask is because I don't want to withdraw and get penalized but wasn't sure if you could loan against it and pay that back instead. Not sure if this may be different by location but Any insight is greatly appreciated! </p><p></p><p></p><p>Sent using BrownCafe App</p></blockquote><p></p>
[QUOTE="UPS4Life, post: 1491445, member: 53903"] I was wondering if you are able to loan against your 401k to pay off a loan. The reason I ask is because I don't want to withdraw and get penalized but wasn't sure if you could loan against it and pay that back instead. Not sure if this may be different by location but Any insight is greatly appreciated! Sent using BrownCafe App [/QUOTE]
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Can you loan your 401?
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