Because you don't end up being worse off due to 'double-taxation' on interest, it's a red herring. AJ It is a red herring when comparing a consumer loan to a 401K loan. It isn't when considering using a loan to increase the amount of contributions to a 401K. I don't have time now for a rebuttal. I will work on it later. Your example doesn't consider the after tax investing compared to 401K contribution.
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