You can take a tax-free loan from your 401k funds of $50,000 or 50% of your account value (whichever is less). Use the money for any purpose!
Fill out the short form below and we’ll take care of creating the paperwork. Once you’ve signed your loan documents, you can transfer money from your 401k to your personal bank account.
Please note IRS regulations stipulate you may only take a loan of $50,000 or 50%, whichever is less. If you have more than one outstanding loan at a time, you may not exceed a total of $50,000 or 50% of your account value (whichever is less) across all loans).