I’m in exactly the same boat, 20k in and don’t want quit my job. I ended up “borrowing” 10k because I’m struggling right now. They automatically deduct about $200 a month to pay it back. They win… but I will at least have new tires on my and wife’s cars for the winter…
During covid they allowed you to take a one time withdrawal up to 100k out of your 401k penalty free. The wife and I took advantage. Still had to pay taxes though.
Same, sadly I’ve dunked $20k and can’t get that shit out without quitting my comfy ass job.
I’m in exactly the same boat, 20k in and don’t want quit my job. I ended up “borrowing” 10k because I’m struggling right now. They automatically deduct about $200 a month to pay it back. They win… but I will at least have new tires on my and wife’s cars for the winter…
During covid they allowed you to take a one time withdrawal up to 100k out of your 401k penalty free. The wife and I took advantage. Still had to pay taxes though.