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Retirement tax questions
Explain what you mean?
If you default in a 401(k) loan they take the money out of your 401(k) account to pay off the loan. You would not have the money to roll into anything. Or do you mean that you rolled the *remainder* of the 401(k) after part of it was used to pay the loan?
If you default in a 401(k) loan they take the money out of your 401(k) account to pay off the loan. You would not have the money to roll into anything. Or do you mean that you rolled the *remainder* of the 401(k) after part of it was used to pay the loan?
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎June 3, 2019
1:36 PM