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Level 2
June 6, 2019
Solved

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?

  • June 6, 2019
  • 1 reply
  • 9 views
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Best answer by MichaelL1

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

1 reply

MichaelL1
MichaelL1Answer
Level 15
June 6, 2019

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

Level 2
June 6, 2019
Thank you!