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To: Bayard

If the 401k loan isn’t paid off the balance is taxable. Not sure if it is at the rate for the age today or when you took the proceeds (10% penalty if you were under 55-1/2).An online search should help. Agree LinkedIn or Indeed are the best job search sites out there.


11 posted on 11/15/2024 8:45:48 AM PST by P8riot (You will never know Jesus Christ as a reality in your life until you know Him as a necessity.)
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To: P8riot

Roll the 401k into an IRA to avoid the tax penalty.


45 posted on 11/15/2024 10:02:53 AM PST by EQAndyBuzz (Drill Baby Drill!)
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