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Reply to "Which account would you pull $ from first?"
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[quote=Anonymous]Under 1, 2, or 3 you are giving up whatever appreciation in the market you would get. Plus, under 1 you are paying taxes (although since mutual funds pay dividends every year you may owe less tax than you think), under 2 you are reducing the tax-free portion of your accounts (which you could make up later if you aren't contributing to the max anyway), and under 3 you need to pay it back and you need to pay it back immediately if you leave your job. Looked at it that way, I'd probably do 2, 3, 1. Roth might be lower if you were contributing currently, and TSP might be lower if repaying the loan would put a crimp in your cash flow. 4 I would do first if you plan to cash it out and pay penalties someday, or last if you plan to wait and collect without penalties.[/quote]
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