Good morning. Do I check the box for retirement plan withdraw if I took a Home Loan from my 401k that I am paying back through my paychecks?

posted

Connect with an expert

1 Best answer

Accepted Solutions

Good morning. Do I check the box for retirement plan withdraw if I took a Home Loan from my 401k that I am paying back through my paychecks?

No, a withdrawal is not a loan. The loan is intended to be paid back, and withdrawal is not paid back.

View solution in original post

2 Replies

Good morning. Do I check the box for retirement plan withdraw if I took a Home Loan from my 401k that I am paying back through my paychecks?

No, a withdrawal is not a loan. The loan is intended to be paid back, and withdrawal is not paid back.

Good morning. Do I check the box for retirement plan withdraw if I took a Home Loan from my 401k that I am paying back through my paychecks?

Thank you!

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post