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Reply to "Max out TSP contributions or pay off loan early?"
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[quote=Anonymous]I took a 5 year TSP loan last year to pay for a large home repair. Then with Doge and everything I felt like maybe I should pay it off early, and hurled a couple extra chunks of money at it, and it’s now down from 29000 to 17000 a few months later. I would like it to be gone completely, but now it’s looking unlikely that I will lose my job, and I’m wondering if I would be better served by increasing my pre-tax contribution to the max. How can I figure out which way is better, assuming my job is relatively secure? I hate any sort of debt or loans, even this one. [/quote]
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