/biz/ - Business & Finance

TFW guy Fri Mar 7 21:02:37 2014 No.191383 [View]
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In what situations am I....

exempt from a tax penalty from the IRS when taking out a loan?

I know in some situations I get taxed on the interest, but the interest is paid back into my account and then I get taxed again when I take it out (when I'm 59.5)?

What if a portion of my 401k is Roth and the other is traditional 401k? How would that change the previous situation?

If I apply for a hardship, can I get away with paying/taxed less?

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