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Politics : The Trump Presidency
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To: neolib who wrote (69512)5/2/2018 6:38:11 PM
From: TimF  Read Replies (1) of 356160
 
I understand about having separate funds. I have separate funds myself, in one case a I owe money to a fund. I'm paying interest to my 401K account since I have a 401K loan.

But that loan isn't really an asset, or if you want to call it one its exactly countered by the equal debit. The same for the interest and principle payments. The interest and principle payments don't make me any richer. Similarly when the government moves money between different funds it isn't getting any richer.

Different funds can make sense for accounting and planning reasons. They also can have legal importance (my money in my 401K is more restricted then money outside of it), and be used for different purposes. But the overall picture is more important than the relationship between the sub funds.
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