By Mike Miles
March 11th, 2013 | Uncategorized
Q. I have a general purpose loan and am planning to retire soon. If I choose not to repay the loan and take a tax distribution, will I still be entitled to make one partial withdrawal after retirement? Or will the unpaid balance of the loan be considered my one-time partial withdrawal?
A. The unpaid loan does not count as your partial withdrawal.
Comments are closed.