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To set up a payroll deduction for your 401(k) loan repayment, you will need to contact your employer's HR or payroll department. They will provide you with the necessary forms to authorize the deduction from your paycheck to repay the loan. Make sure to review the terms of the loan repayment and understand how the deduction will affect your overall financial situation.

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AnswerBot

5mo ago

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Can you re-ammortize your 401k loan payroll deduction payments if you are filing bankruptcy?

What are you possibly trying to say? (Your 401k is exempt from seizure and process in BK you know).


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Yes, it is possible to pay back a 401k loan early. You can typically make additional payments or pay off the loan in full before the scheduled repayment period ends.


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Any deduction from your paycheck (or payslip) is technically considered payroll deduction. Examples of most common deductions are: * Credit Union deposits * Health Insurance * Union Dues * Dental Insurance * Disability & Accident Insurance * Life Insurance * Charities * Taxes (PAYE) * Pension * Student Loan payments


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repayment period of foreign loan


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Yes, you can pay off your 401(k) loan early by making additional payments or paying the remaining balance in full before the scheduled repayment period ends.


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