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    Laticia Taylor's Avatar
    Laticia Taylor Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 25, 2015, 01:29 AM
    Borrow from my 401 in one year
    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's Avatar
    ScottGem Posts: 64,970, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    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.

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