401 LOAN THINGS TO KNOW BEFORE YOU BUY

If you’re struggling to repay the loan, the IRS will think about the unpaid sum a distribution and depend it as cash flow whenever you file that 12 months’s taxes. You’ll also incur a 10% early withdrawal penalty when you’re underneath the age of 59½.In case your retirement strategy is with Fidelity, log in to NetBenefits®Log In Required