Originally Posted by DAL73n

You can borrow up to 50% of your 401K up to $50,000 max. Although the IRS allows up to 5 years Fidelity will only allow 4 years. You pay interest back to yourself on payroll deduction basis (based on whatever the rate is - currently around 4-5%. If you take the max it works out to around $1100 ($550/paycheck). You can pay it back in full with no penalties (no partial paybacks). The one thing you need to be aware of is if you take it out for something like a house you will want to season it (borrow early) so you don't have to account for where the cash came from in your account. You can also withdraw up to $10,000 cash from your IRA for a down payment without penalties. Also, remember you can always withdraw contributions from your Roth IRA with no taxes or penalties (you already used after tax money). Sorry about the long post - used to do mortgage loans on the side (stopped after the crash - not worth the time any more).

Originally Posted by forgot to bid

401K? Its a retirement thing unless you're talking about Carl's Christmas party, then you mean 401K with a $. As in the bill, $401K.

Now lets use that in a sentence: "I heard Carl might claim a hardship to get the money out of his 401K to pay for his Latest and Greatest 2010 Christmas party which cost 401K, as in $401,000."

To which you might ask, why $401,000? I honestly don't know, why don't you ask the L&G Party Planning Committee, maybe they know? Who is on that committee anyways?

We've got 15 hours to plan this thing out before Carl lands.

Originally Posted by Flamer

The best part is, you don't have to worry about your seniority for the whole month because you won't be needing it.

Originally Posted by Nosmo King

fNW the limit was 50K to borrow from your 401k. You could borrow for 5 year term unless it was for purchasing a home, then you could have a 10 year term.

I was told DAL would only let you borrow 40K, but I don't have a reference. Guess I'll have to look it up...

Originally Posted by Flamer

The best part is, you don't have to worry about your seniority for the whole month because you won't be needing it.

Originally Posted by capncrunch

Originally Posted by Nosmo King

Scanner deployment

- Travel - msnbc.com

Originally Posted by 10000

I have a deadhead segment at the back-end of my rotation upon arrival in CDG. Would like to return same day back to base without going to hotel.

Anyone know if CDG has specific procedures upon arrival to get back on the plane to DH home same day as arrival? Flight is about 4 hrs after arrival.

Can one enter your name on the gen dec? Thanks