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    jojer23's Avatar
    jojer23 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 2, 2007, 01:26 PM
    403b questions.
    Hi, almost 2 years ago I took a 5,000 dollar loan on my 403b, in which I have aprox
    25,000. I took the loan due to financial hardship after a break up and move, credit debt etc. It helped me with some of my problems but I find that I have to have around 2,000 dollars very soon or I may be homeless. My credit is still bad.I have paid back over 1000 of the original loan. Can I take the loan back to 5000? Or to 6000? :confused: Can I cash out the 403b? Ihave no other way of getting the money. I am 45 yrs. Old and am not counting on this 403b for retirement, I will inherit a good amount but can not touch any yet.Please help. Thanks. Jo-Ann.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Dec 2, 2007, 01:27 PM
    Talk to the plan admin
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