1. EachPod

How to Address Loans Against Your 401(k)

Author
Kedrec Wealth
Published
Thu 12 Jun 2025
Episode Link
https://share.transistor.fm/s/55013a93

Hey Mike, I just retired this month and have an outstanding retirement loan (against my 401k) with a balance of $8,000.00. The payment is $680.00 per month. I’d like to stop paying that. What is the best way to handle this outstanding balance - default or pay myself back with my portfolio?” Discover how to address if you should pay the loan off quickly or if it makes sense to pay it off slowly. Also, learn how to find the information needed to settle the balance. 

Text your questions to 913-363-1234.

 

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