Date: Fri, 22 Sep 2006 11:16:14 -0500
From: "rick++" 
Newsgroups: misc.invest.financial-plan
Subject: Re: Liquadate 401 K to pay off Mortgage
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	=A79z



> I have reached a point where my 401K is now greater than my mortgage.
> My question is would there be any advantage to borrowing from the
> retirement plan and paying off the mortgage completely? My thought is
> that I would be paying myself the interest. At thispoint there is
> little advantage to itemizing and deducting mortgage interest.

Not from 401K borrowing!   Then you are taxed twice-
you replay with after tax money, and taxed again when withdraw.

It might make sense with other post tax savings if you mortgage
interest rate is low.