Comments on: 401k Loans http://www.paulferraresi.com/2007/11/27/401k-loans/ Paul Ferraresi Blog is a compilation of topics including, but not limited to, finance, personal wealth building, motivation, political education, business tips, and, most importantly, personal growth and development. Wed, 14 Sep 2011 15:53:25 -0700 http://wordpress.org/?v=2.8.4 hourly 1 By: Sauj http://www.paulferraresi.com/2007/11/27/401k-loans/comment-page-1/#comment-9957 Sauj Fri, 30 May 2008 21:16:22 +0000 http://www.paulferraresi.com/2007/11/27/401k-loans/#comment-9957 From your post about 401k Loan: Under "Option B:" you have written: "Extra tax cost since loan repayment not pretax @ 13% opportunity cost $132/mo @ 13%, 5 years ($11,100)" When would I be paying this $11,100 ? - There's no "additional" taxable income because of 401K loan I just want to understand the ** cost of $11,100 ** SP From your post about 401k Loan:
Under “Option B:” you have written:
“Extra tax cost since loan repayment not pretax
@ 13% opportunity cost
$132/mo @ 13%, 5 years ($11,100)”

When would I be paying this $11,100 ?
- There’s no “additional” taxable income because of 401K loan

I just want to understand the ** cost of $11,100 **
SP

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