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Author: sactownfool One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76390  
Subject: 401k Borrowing Date: 10/30/2007 5:05 PM
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When I borrow against my 401k, does the interest I pay back on the loan accrue to me? As in, am I really lending myself the money and paying myself interest? Or is my 401k simpoly collateral securing the loan, and the itnerest I pay goes to the 401k administrator? If the latter is the case, do my funds stay invested?

I am not looking for advice on whether I should do this.
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