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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Borrowing from your 401(k) Date:  8/19/2013  6:16 PM
Author:  blue3dragon Number:  307197 of 312159

I borrowed from my 403b (I work in a hospital) when I closed on my house 2 years ago (I can't believe it's really been 2 years already). I have since paid it back (I left that hospital last month so it's a good thing my plan had been to back it back as quickly as I could). I do not see me doing it again. It annoyed me to see that loan amount deducted from my balance. I am not ashamed to say I log on frequently to see my new "back to where it should be" balance. I much prefer that number for retirement savings.

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