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When you do a loan and repay it, does the cost basis for your 401k shares adjust to the current market price or does it stay at the price you originally bought in at?
The new contributions (repayments) buy shares at the current market price, creating a new cost basis for those newly purchased shares.
When you do a loan and repay it, does the cost basis for your 401k shares adjust to the current market price or does it stay at the price you originally bought in at?
The new contributions (repayments) buy shares at the current market price, creating a new cost basis for those newly purchased shares.