When Lisa lost her job she had an account balance of 25000 in her 401(k). She also had an outstanding plan loan of 9000 secured by that balance. She made no after-tax contributions. If Lisa is unable?

If Lisa is unable to repay the outstanding plan loan of $9,000 after losing her job, that amount may be considered a taxable distribution, resulting in tax consequences and potential penalties. Her remaining 401(k) balance would be $16,000, but she would need to address the loan default to avoid further financial penalties. It's advisable for her to consult a financial advisor to explore her options, including potential loan repayment or rollover strategies.