Welcome! | Ask A Question
Asked 1/2/2010
|
401k loan repayment being demanded in full and I'm still employed at same company. My company started a 401k plan last year and the provider has done a horrible job with the record keeping. So my company decided to go with a new provider and the old provider is refusing to roll a loan that I took out earlier this year over to the new provider. Instead they are demanding the balance to be repaid in full. I would like to think that the legal loan agreement that I entered with them would have some weight to it! I have made my payments in accordance with the terms and conditions of the loan. |
Type your Answer in the box below and post your answer.
Related Questions (Ask a New Question)
I took out a loan from my 401k a couple of years ago and last year the facility closed where i worked. i'm now unemployed. i decided to take out the remainder of my 401k. the question is will the company deduct the balance of my loan out of my 401k before sending me a check. it has been 30 days...
Doing an audit of 401k. employee borrowed $3600 from his 401k. for repayment it was deducted from his paycheck each pay period. how is this replayment applied to the 401 so you can see the differenced between a normal 401 contribution and a repayment of loan?
The credit card company is taking 25% of disposable income, which i realize is allowable in nm. however, if i am able to deduct my 401k loan repayment from disposable income then i may have enough remaining to pay rent. my wages have been cut significantly during the last year due to our sluggish...
|
I took out a loan from my 401k a couple of years ago and last year the facility closed where... |
|
Doing an audit of 401k. employee borrowed $3600 from his 401k. for repayment it was deducted... |
|
The credit card company is taking 25% of disposable income, which i realize is allowable in... |
|
Company stopping 401k program, but i have a 401k loan The company i work for is looking into firing the company that handles our 401k and instead... |
|
I have a loan outstanding from my current 401k plan. my company has announced that as of... |
|
I rolled over my 401k and a 401k loan that was with my previous company which was sold last... |
Ask A Question
Ask a new question about
401k:
About
| Contact Us
| Membership Agreement
| Privacy Policy
| Site Map
| Advertise on this Site
Copyright © 401kQuestions.net 2012. All rights reserved.