I have a 401k through my current company. I owe 9k on a 401k loan that I borrowed from myself. I just took a new job who said I can transfer my 401k to them but how does my loan portion work? Someone said that if you quit my company the 401k loan becomes immediately due but that was before my current company switched who our 401k was through. So my 401k loan has already gone from wf to principal. Do they make you take out a personal loan to pay it back or can I keep paying monthly somehow??? Should I move my money or let it sit with principal? My new company is a 403k because they're tax free, I have no idea what that means. Also I'm going to be making much less if anyone has any side hustles to make about 5-700 a month to supplement I'd love to hear.
Submitted November 12, 2021 at 08:32AM by catlady0420 https://ift.tt/3F7grm8
