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Under federal income tax laws and regulations, it is possible to refinance a 401(k) loan. Both k that is 401( loans and refinance loans are at the mercy of strict guidelines. The choice to have a 401(k) refinance mortgage relies on your boss’s your your your retirement plan — it might probably or might not be available. Nonetheless, if 401(k) refinance loans aren’t contained in your boss’s plan, you might still have the choice of paying down your current loan with money from your own your retirement account.
The irs permits but will not need employers to incorporate loan conditions in 401(k) plans and other kinds of your retirement plans.Details