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URL:  http://boards.fool.com/you-also-forgot-to-take-into-account-the-14417302.aspx

Subject:  Re: Roth conversion complicated by other factors Date:  2/24/2001  9:35 AM
Author:  skinnyfong Number:  28085 of 78166

You also forgot to take into account the "penalty" on the 403b. When you take the loan and pay it back, you are using after-tax dollars to put the money back in. Once you retire and withdraw this money, you will once again pay taxes on the money you put back in. So you are going to be paying taxes twice on monies used to convert the IRA. This is something that many people fail to realize before they take loans out on their 401(k). Not to mention