View Full Version : Balance of 401 k after defaukt and 1099-R
ksmoaks
Jul 14, 2012, 09:14 AM
After the original loan has been reported as a default and 1099-R is generated for tax purposes, can the remaining balance of the 401 be rolled over into the new companies 401k.
ksmoaks
Jul 14, 2012, 09:16 AM
Can I roll over remaining 401 k balance after loan is defaulted
AtlantaTaxExpert
Jul 14, 2012, 11:23 AM
Yes, you should be able to roll over the 401K to the new company's plan, no problem.
AtlantaTaxExpert
Jul 14, 2012, 11:25 AM
Yes, it should not be a problem.