Borrowing money from your 403(b)

[Alejandra Tapia]

My tax preparer recently mentioned the possibility of taking out a loan from my 403(b). He mentioned that a good thing about this is that I would pay back the money to myself, with interest, as opposed to the government keeping a percentage once I take out the funds from my 403(b).

Could someone elaborate on this for me? Or provide some further clarification?

Much appreciated!

Alex