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Plan Takeover Loan Set up


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Plan Merger.  Don't have money yet, cannot set up a takeover loan until money is transferred in.  Participants already are having loan payments that we have just sitting in the account to set up the loan.

Participant will not have much money when transferred in as they apparently took a hardship after the loan.

If there is not a big enough balance, how do you force the loan to work.  No help from Relius, said I had to put fake money in fake accounts.  This is a large, audited daily plan, so I don't want to have "fake" accounts.

Any ideas?



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