The rules for borrowing from a 401(k) can vary depending on your plan's specific terms, so it's essential to review your plan documents or contact your plan administrator for accurate information. However, typically, after paying off a 401(k) loan, there may be a waiting period before you can borrow again. This waiting period can range from a few days to several months, depending on your plan's rules. Contacting your plan administrator or reviewing your plan documents is the best way to determine the specific waiting period in your case.
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