### Comment:
And you pay tax on the interest twice:  Once with the after-tax loan repayment, and then again when you withdraw it from the 401k in retirement.  Great plan, you win.

### REPLY:
Yeah you're right about that part on the taxes out of paychecks and then again when I retire in 30 years. I'm planning on paying back the 20k on Monday next week though. So the interest lost will be whatever is taxed on one paycheck.

### END.