Key Takeaways Do Employers Know When You Take a 401(k) Loan? Yes, your employer will know about your 401(k) loan, but only for payroll purposes. Your privacy is protected. Co-workers and managers won’t know unless you share it. Employers cannot penalize you for borrowing from your retirement account. Risks include tax consequences and repayment issues […] The post Will My Employer Know if I Take a 401K Loan? appeared first on Self Directed Retirement Plans.
