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Showing content with the highest reputation on 03/18/2019 in Posts
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Save yourself some time - maximum participant loan dollar amount is $50,000. Yes, loan to purchase a primary residence can exceed 5 year period if plan allows it - plan is not required to allow it. Finally, the "process" is governed by the plan document/administrative procedures. Check with the Plan Administrator and/or the TPA.1 point
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Another March 15 come and gone. Hope everyone faired well and I appreciate the folks on here that help us navigate through the sea of complex rules and regs. Kudos.1 point
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