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Is taking out a loan from my 401(k) considered collecting money from my retirement fund?

 
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Is taking out a loan from my 401(k) considered collecting money from my retirement fund?

No.  You do not report loans on your tax return.  Only distributions.  If you get a 1099R for it then it was not a loan but a distribution.

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Is taking out a loan from my 401(k) considered collecting money from my retirement fund?

No.  You do not report loans on your tax return.  Only distributions.  If you get a 1099R for it then it was not a loan but a distribution.

Is taking out a loan from my 401(k) considered collecting money from my retirement fund?

Thank you!

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