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401k Loan from employer, but terminated
401k Loan from employer, but terminated I want to take a loan out of my 401k, employer sponsored. If I'm terminated with an outstanding loan or want to quit, my plan states that I will need to repay it within 60-180 days, otherwise it will be counted as a withdrawal, and I will need to pay the 10% penalty and income taxes. Is there a way to avoid this at all? Can I roll over the funds...
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