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hunybunnn t1_iufkmyl wrote

Reply to comment by DeluxeXL in Loan against my savings? by [deleted]

I withhold 40% of my salary. Of this 25% of my contributions are pre-taxed regular contributions into my 401K, and 15% are post-tax Roth contributions.

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DeluxeXL t1_iuftsrn wrote

You did not answer my question. However, I'll assume you mean a 401k loan. When you borrow from your 401k, the investments are sold immediately. Is this what you want to happen?

Where else do you have investments that you can borrow or liquidate?

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hunybunnn t1_iuj1rgy wrote

No, I wouldn't want that. The Transamerica person said it my money would be frozen, but I guess I'll have to call and clarify.

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hunybunnn t1_iufkqc4 wrote

There is enough $ to take out my $30 from either bucket.

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