Re:More than half of all private wealth has been inherited i...
by smsm42 on Monday December 18, 2017 @01:18PM
(#15953826)
Hmm I didn't know Walmart offered company-matched 401k. In that case, if they have contributed there at least $100 (which I think should be possible with company match if you work fulltime) for a year, there should be enough money to take a loan of $500 AFAIK.
> If you are looking to take $500 from your 401k outside of those groups, I'm gonna guess things have gone horribly wrong
Yes, probably, but the question was is it possible, when the things go horribly wrong. I still think if you have 401k that should be possible.
Re:More than half of all private wealth has been inherited i...
by kevstev on Monday December 18, 2017 @05:38PM
(#15956148)
They actually have the most generous 401k plan of any company I ever worked for- a dollar for dollar match up to 6% of pay, with no cap. It also vests immediately.
> If you are looking to take $500 from your 401k outside of those groups, I'm gonna guess things have gone horribly wrong
Yes, probably, but the question was is it possible, when the things go horribly wrong. I still think if you have 401k that should be possible.