No. of Recommendations: 2
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.

Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.