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Message
re: Borrowing from your 401K
Posted on 7/10/13 at 9:45 pm to geauxbears08
Posted on 7/10/13 at 9:45 pm to geauxbears08
quote:
Not exactly. You paid back your loan with after-tax dollars. That's a huge penalty.
Bingo
2
Posted on 7/10/13 at 10:33 pm to nelatf
The problem with this thread is that everyone assumes 401k loans function the same way in every plan
Posted on 7/10/13 at 10:46 pm to nelatf
quote:
quote:
Not exactly. You paid back your loan with after-tax dollars. That's a huge penalty.
Bingo
I can almost see JPLSU's head exploding.
It reminds me of the South Park episode making fun of global warming where everyone keeps mindlessly repeating, "You can't go out there. You'll freeze to death!"
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