Can I Take A Loan From My Retirement Plan? 
It depends on the type of plan and whether its qualified or non-qualified plan . Most qualified plans have plan provisions for participants to borrow money at a stated interest rate . Once you borrow , most plans will require you to pay off the loan before any transfers to another qualified plan . Non-qualified retirement plans that use cash value life insurance can access accumulations at a low interest rate . Keep in mind that if the policy is surrendered or lapses , the loans in excess of the original basis will be taxable . At ordinary income tax rates . 