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401K loan disbursement on termination

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jdjax62

Junior Member
What is the name of your state? FL

I left a job on Nov 2, 2004 but had a pension loan at the time of my termination with a balance of $19,900. In my haste, I did not realize the tax implications. Is it too late to change my mind on the disbursement or can I make an offsetting contribution as I have the cash available to do so? The swing in my taxes at my income level is from an $8K refund to a $2K tax due.

Help!!!!

jd
 



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