Posts Tagged ‘Retirement Plan Loans’

Can I Take a Loan Against My Company Retirement Plan?

Thursday, May 6th, 2010

The short answer is – it depends on your plan. Retirement plan participant loans are an optional feature of qualified plans.

The IRS and Department of Labor dictate theĀ loan limitsĀ and manner by which retirement plan loans and repayments can be made. The plan must contain a written loan policy explaining the requirements and terms; loans must be available to all participants. Here’s a summary: (more…)

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