I recently saw a question on the forum about "Should I pay off my Home LOAN from my 401(k) or continue to pay Interest to myself".
Most responses seemed to think that paying it off ASAP was the best idea because of the rule about having to pay it off within 90 days if terminated or leave.
I am in a fairly similar situation, except that my plan administrator told me that if I am let go or change jobs I can just continue to make the bi-monthly payments.
Under that condition, does it still make sense to pay off the loan (which will add about $900/month to my take home pay). I think I should pay it off but am hesitant to do so until I hear what the experts say. BTW, I am over 59 1/2.