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View Full Version : Loan against 401K


mpayne211
Aug 4, 2006, 07:52 PM
My 401K is still with :confused: my employer for one year and a day after my resignation. How can I obtain a small loan (3K). The year is almost up but I need the cash now!:confused:

BDouxgren
May 27, 2008, 09:52 AM
My 401K is still with :confused: my employer for one year and a day after my resignation. How can I obtain a small loan (3K). The year is almost up but I need the cash now!:confused:

You can't take a loan from your 401k if you no longer work for the company.