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-   -   Secured Loan with 401K as Collateral? (https://www.askmehelpdesk.com/showthread.php?t=45745)

  • Nov 30, 2006, 06:18 AM
    menentj
    Secured Loan with 401K as Collateral?
    Would I be able to secure a loan using my 401K account as collateral? Advise where I could secure a loan like this?
  • Nov 30, 2006, 07:02 AM
    ScottGem
    Most 401K plans have a loan provision. Talk to the plan administrator. However, I don't think the law allows using your 401K balance as collateral for a 3rd party loan. You might want to double check that with the IRS.

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