I need $50,000 for a kitchen remodel. I can get a 401K loan 5 yr term 9.25 interest - total payments add up to 62,000 or so with a monthly payment of roughly $1,050. That payment is is tough on my current budget so I was considering a Home Equity Loan with a longer term. I know there are a...

I have just turned 591/2 and have a 5,000 dollar loan from my 401k... can I withdraw monies to pay this loan off... and how much will I be taxed if I do? Mickey Huddleston

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:

Ok you Geniuses (I say this with the greatest respect!) I've been reading your wonderful advice and I have decided to make a loan against my 401K instead of cashing it out, but (and I know you are going to laugh) How does one go about this. I mean who do I contact, a bank or who. This is not a...

I'm leaving the firm with 140m in my 401k plan. I want to move the funds into another 401k plan or IRA. I plan on buying a house soon, and would need to borrow from the plan. What will give me the most flexibilities as far as penalties and restrictions goes. Is it possible to move my funds to a...