Solo 401k

Is there a Solo 401k loan prepayment penalty?

August 7, 2023 | By George Blower

Please check out this good question from our Daily Live Zoom call. Subscribe to our YouTube Channel to get notifications of our Daily FAQs.

Self-directed 401k Loan FAQ – Is there a Solo 401k loan prepayment penalty?

QUESTION:

Is there a Solo 401k loan prepayment penalty?

RESPONSE:

No, there is no prepayment penalty for a Solo 401k participant loan. Learn More: https://www.mysolo401k.net/can-i-pre-pay-my-solo-401k-loan/

Learn More about Solo 401k loans: CLICK HERE

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About George Blower

I have the privilege of educating our clients about our products and services so that they can make informed and confident decisions about their financial future. Prior to joining My Solo 401k Financial, I served as the general counsel for a subsidiary of a Fortune 500 financial services company. Learn more about George Blower and My Solo 401k Financial >>

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