{"id":1154,"date":"2018-08-10T20:39:53","date_gmt":"2018-08-10T20:39:53","guid":{"rendered":"https:\/\/scrantonfg.com\/glossary\/401k-loan\/"},"modified":"2018-08-10T20:39:53","modified_gmt":"2018-08-10T20:39:53","slug":"401k-loan","status":"publish","type":"glossary","link":"https:\/\/scrantonfg.com\/glossary\/401k-loan\/","title":{"rendered":"401(k) Loan"},"content":{"rendered":"<p>A loan taken from the assets within a 401(k) account. 401(k) loans charge interest and are normally paid back through payroll deductions. If the borrower leaves an employer before a 401(k) loan has been repaid, the full amount of the loan is generally due. If the borrower fails to repay the loan, it is considered a distribution, and ordinary income taxes may be due, along with any applicable tax penalties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A loan taken from the assets within a 401(k) account. 401(k) loans charge interest and are normally paid back through payroll deductions. If the borrower leaves an employer before a [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"menu_order":23,"template":"","meta":{"inline_featured_image":false},"_links":{"self":[{"href":"https:\/\/scrantonfg.com\/wp-json\/wp\/v2\/glossary\/1154"}],"collection":[{"href":"https:\/\/scrantonfg.com\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/scrantonfg.com\/wp-json\/wp\/v2\/types\/glossary"}],"author":[{"embeddable":true,"href":"https:\/\/scrantonfg.com\/wp-json\/wp\/v2\/users\/4"}],"version-history":[{"count":0,"href":"https:\/\/scrantonfg.com\/wp-json\/wp\/v2\/glossary\/1154\/revisions"}],"wp:attachment":[{"href":"https:\/\/scrantonfg.com\/wp-json\/wp\/v2\/media?parent=1154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}