<prompt> Human: Say Im single, salary of 60,000 a year and I max my pre-tax 401k to reduce my tax bracket to 29,500 after deduction. If I need to take a loan 10,000 from my 401k, will that increase my tax bracket to 39,500?  <response>: No. A loan is not income, and does not reduce the amount of contributions you made to your 401k. 