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Re: Appointment Confirmation
- To: heather Howard <http://www.gmail.com/~hhoward40>
- Subject: Re: Appointment Confirmation
- From: Robert <http://dummy.us.eu.org/robert>
- Date: Thu, 09 Jul 2020 09:06:11 -0700
- Cc: Noelle <http://dummy.us.eu.org/noelleg>
- Keywords: our-San-Jose-phone-number
> From: heather Howard <http://www.gmail.com/~hhoward40>
> Date: Thu, 9 Jul 2020 08:11:40 -0700
>
> Yes, but if one is not able to pay the money back then one simply pays the
> taxes, as if the money has been taken out as income. However, the taxes can
> also be deferred for up to 3 years.
OK, so it's definitely not free money. Too bad.
So, the real question is whether you "buffer" the ups and downs of the
economy for the next 3 years or just wait 4.5 years when you can take
money out of your 401k without penalty.
> I hope not to have to do this.