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https://boards.fool.com/if-she-is-starting-with-19k-you-can-generally-30413006.aspx
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| Subject: Re: 401k withdrawal question | Date: 12/4/2012 11:09 AM | |
| Author: Fuskie | Number: 24954 of 26341 | |
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If she is starting with $19k, you can generally factor in 40% in taxes and penalty, leaving $11,400. She would basically be throwing away over $7000, more than the balance of her loan, in order to pay off the loan. Fuskie Who missed earlier that she was not yet of age to take a penalty free distribution... |
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