401k Teamsters withdrawals

Smashmouth

Well-Known Member
I work in the Oklahoma City Hub and am in the southern region supplement. Does anyone know about taking money out of a 401k early. I had my truck repossessed this past Friday and was wondering if borrowing from my 401k to get it back was an option. I’m going to call the union hall Tuesday, but was looking for any info in the meantime. Been with UPS for 8 years as part time package handler.
I work in the Oklahoma City Hub and am in the southern region supplement. Does anyone know about taking money out of a 401k early. I had my truck repossessed this past Friday and was wondering if borrowing from my 401k to get it back was an option. I’m going to call the union hall Tuesday, but was looking for any info in the meantime. Been with UPS for 8 years as part time package handler.


Even if you can, don't do it! Figure out another way.
 

Jackburton

Gone Fish'n
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Made $400 off these already, total investment = being nice to someone.
 

upschuck

Well-Known Member
Lol not drugs or police issue. Had the truck for almost 5 years, but we just got stretched too thin finically recently. Things are back on track now, I just don’t have the money currently to pay to get it back.
Call the truck finance company, maybe if you agree to a higher payment schedule, they may work with you.
 
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