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.

I’m still working and make good money, snd have a lot in savings so that’s not the issue. I’m just hesitant to pull the money out of savings now because of the loss due to the market. I’m not sure if it would be wiser to do a HELOC and allow the market to come back up before paying it back.

My credit is excellent. What about the points and charges in borrowing 30K? Is it wiser to take out the HELOC or just pull the $$ out and re-invest/replenish that amount over the next 15 months? The Transamerica guy make the "loan from myself" sound pretty decent because he said all the interest goes back to my account.

So, I'm thinking I'll just pull out the $30K, which wouldn't trigger a tax event, since the value has dropped so low, and just continue my bi-monthly contributions...

At my current contribution, I would pay back the $30k in about 15 months.

A heloc is an option, but there would be points and interest at probably 8% or more. Also, I've worked so hard to pay off the house and psychologically I don't want to borrow against it. I could just pull the $30k out and gradually pay it back with my monthly contributions, but not sure if it is wiser to do that, or to go with what Transamerica is offering (borrowing my own money, can default, since it's my own money, and any interest comes back to me.)

The way it was explained to me, I won't have to sell. They would just lend me my own money, and I would pay it back (with interest that would also go back to me.) I'm wondering if that is wiser than selling when everything is so low right now.

Yes, that is an option, but I'm thinking it would bump up my taxes.

My money is invested in a pre-tax 401k, and also post-tax Roth IRA. There is enough money to draw from either bucket. I'm hesitant to sell because I've lost about 20-30% with the recent stock market fall.

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

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.

I'm not sure what a margin loan is. The way it was explained to me, I could borrow my own money, repay w/interest, which I get to keep.