[quote=flu]There might be an interesting angle too if you borrow from your 401k and get laidoff. I don’t know if it triggers any loan repayment acceleration.[/quote]
I was told that depends on the program administrator’s rules. It often does.
[quote=flu]I would check that out. Also, if you borrow from your 401k, contributions go toward paying off your loan balance and not 401k future contributions.[/quote]
Same as the above. Our program administrator allows simultanous payoff and contributions. I.e. you can add to your 401k account before you pay off the loan. One of my guys is doing it.
