Leaderboard
Popular Content
Showing content with the highest reputation on 08/26/2023 in Posts
-
participant loan interest rate
ESOP Guy reacted to Luke Bailey for a topic
Yes, but also consider that the loan (if executed properly) has better security than an AAA Moody's bond. The employer gets to withhold the loan repayments and if there is a default it has the loan itself as security. Participant defaults, you 1099 the loan, and "poof" you've been repaid.1 point
This leaderboard is set to New York/GMT-05:00