Skip to main content
April 18, 2022
Question

Is there a penalty for defaulting on loan from retirement account

  • April 18, 2022
  • 1 reply
  • 0 views
No text available

1 reply

April 18, 2022

Yes, If you are below 59 ½, you will be required to pay a 10% penalty for early withdrawal unless an exception applies.