Here's what happens to your 401(k) loan if you are laid off
If you hit the unemployment line with a 401(k) loan in tow, be aware of the rules that apply to the unpaid amount. It could result in an unexpected tax bill.
If you hit the unemployment line with a 401(k) loan in tow, be aware of the rules that apply to the unpaid amount. It could result in an unexpected tax bill.