What Happens To A 401k Loan When You Leave Your Job?

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  • เผยแพร่เมื่อ 11 ก.ย. 2024
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ความคิดเห็น • 9

  • @July.4.1776
    @July.4.1776 ปีที่แล้ว +3

    Short answer you have to pay it back 🤣

  • @chicago9458
    @chicago9458 ปีที่แล้ว

    401k also has interest! You’d be paying it to yourself into the account but the payment would definitely reflect the interest the same way it would for any loan

  • @armchairpsychologist2423
    @armchairpsychologist2423 9 หลายเดือนก่อน +1

    Our company is going bankrupt - what happens when the 401k loan is due?

  • @brucesmith6868
    @brucesmith6868 ปีที่แล้ว

    Good advice Eric thanks.

  • @richardmartinez8034
    @richardmartinez8034 ปีที่แล้ว +1

    I’ll be eligible to retire from my nyc job at age 51, I have a 457 that I can walk out the door with, any info on the penalties? Thank you

    • @MatthewBuntyn
      @MatthewBuntyn ปีที่แล้ว

      I don't think the 457 has a penalty for withdrawals before 59½

  • @swamprat9018
    @swamprat9018 ปีที่แล้ว

    can you pay your barber from your HSA? Just asking if we need to take up a collection for you. Erroric looking like a moldy toasted twinkie now days. Hang in there Erroric summer will come to an end.

    • @Jazzwealth
      @Jazzwealth  ปีที่แล้ว +1

      People are saying that your comment is coming from a place of envy. (I would never say that though). Heard you haven't had hair this thick since the 50's. Not everybody can be as blessed as me 🙏😂

    • @swamprat9018
      @swamprat9018 ปีที่แล้ว +1

      @@Jazzwealth I got hair that thick on my......Back ____. Thank you very much. LOL