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New Member
posted Jan 20, 2024 9:54:51 AM

Would a 401k loan repayment be a deductable contribution?

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2 Replies
Level 15
Jan 20, 2024 9:59:26 AM

No.

Level 15
Jan 20, 2024 9:59:45 AM

No, a 401(k) loan repayment is not a contribution to a tax deferred retirement plan.