As the question states, was just thinking on the way to work, could you take a loan using your retirement fund as collateral, take said money and put it in said fund (to the max for the year as a contribution amount), then pay it back (with interest that is hopefully lower than the potential fund gain rate; only way it would make sense), plus not be taxed on the loan as income? I’m sure there’s more to it than that.
original posted by MustadioBunansa to r/personalfinance on Thu, 29 Feb 2024 14:00:39 GMT.