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Laticia Taylor
Feb 25, 2015, 01:29 AM
If I work for the Government and have borrowed money from my 401 in January 2015. How soon can I borrow again? Is there a limited number of times to borrow from my 401.

How soon and how often can you borrow from your 401 in one year time frame?

ScottGem
Feb 25, 2015, 06:24 AM
First, I moved your question from the Introductions forum/ That forum is just for introducing yourself to the community not for asking questions.

Second, Government workers don't have 401(k) plans as far as I'm aware. They may have similar defined contribution plans, but its not a 401(k).

Finally, such plan provisions are specific to you're the plan. Different plans may differ from employer to employer. So you really need to ask this question of your Benefits dept.