Question posted by cnsobrien on February 19th, 2013

Loan From My Adp 401 K Plan

I recently quit my job and have a 401 k plan with ADP through them. I am fully vested and I have not withdrawn the funds. I do have an outstanding loan balance while i was with my previous employer. I want to know if i can pay off the previous loan balance and take out another loan even though i am mo longer at my old company and keep my 401 k plan at adp?

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