Thanks, actually the new plan loan is going to be put into a new rollover IRA and not back into the same plan as I don't yet know if my new employer will allow the loan offset to be rolled into the new plan. A broker suggested I do it this way to satisfy the rollover requirements of a loan offset - my CPA said this will not work because the loan from the rollover into the new employer plan is pre-tax money and cannot be used to satisfy the loan offset rollover, but others, including yourself appear to think it will work.
Is the use of the pretax money(loan)an issue?
Thanks
