impact-of-borrowing-from-my-retirement-plan

Loan amount 401 k

Loan rate 401 k

Years to retirement

Loan term 401 k

Before tax return

Debt payoff

Debt interest rate

Interest deductible

Tax bracket

Enter your values and select Calculate.

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.