ks9441
Jun 16, 2008, 12:35 PM
I took out a 401k loan for $20,000 and made payments by payroll deduction.
I left my employer with a balance of $15,874 to pay on the loan. Fidelity has informed me I can not make payments on my loan since I left my employer. Can anyone tell me what kind of taxes am I looking at? I need to start saving asap so I will not be so far in the hole come tax time :-(
I left my employer with a balance of $15,874 to pay on the loan. Fidelity has informed me I can not make payments on my loan since I left my employer. Can anyone tell me what kind of taxes am I looking at? I need to start saving asap so I will not be so far in the hole come tax time :-(