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Financial Planning / Foolish 401(k)s


Subject:  Re: 401K Loan to Fund Roth? Date:  3/9/2000  7:37 PM
Author:  akanpk Number:  6909 of 26160

to pkrepps,
I couldn't agree more with Jenniebez' first reply, and was also glad to hear you're still contributing to both the 401K & Roth! I too would recommend reducing future 401K contributions to fund the Roth (assuming you put in enough to get max employer contribution). I'd leave that 401K as is--do you have any other fund (ie more agressive growth) options in your 401K that might better serve your goals?--and put that would-be loan payment+interest straight into the Roth.
cheers! npk
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