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Oops miscalculated the money you make.
If you stay in the plan, it will take you about three quarters to pay off the credit card. If you drop out of the plan it will take about two quarters to pay off the card.

I shoud have considered three quarters of employer match when you stay in the plan, and one quarter of employer match if you drop out of the plan. If you stay in the plan you make $1195. This is the employer match ($1305) less the additional interest ($110) you'll have to pay by not paying earlier.

If you pull out of the plan you "make" ($545). This is the interest ($110) you didn't pay plus the emplouer match ($435) when you rejoin the plan after paying off the credit card a quarter earlier.

~~paul
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