Thread: Where is the tax liability? Borrow 401K to fund Roth IRA.
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Old 08-05-2005, 11:28 PM
Jim Kuhn Jim Kuhn is offline
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Location: Midwest, USA
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Default Re: Where is the tax liability? Borrow 401K to fund Roth IRA.
It works out the same no matter where the money comes from. A Roth is a great savings place if you have no 'high dollar debt'. You can withdraw the Roth principal tax free at any time but the earnings must remain until retirement to be tax free.


Thank you,

Jim Kuhn
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