Jilliandiz Posted October 31, 2005 Posted October 31, 2005 Can a participant take a loan during the period that the plan is under review for determination of plan termination? There has been no determination received yet?
JanetM Posted October 31, 2005 Posted October 31, 2005 Of course. You logic seems to be that since there is not letter you should not allow what the plan should allow. If this were true you couldn't make contributions either. You must operate the plan as the document is written. JanetM CPA, MBA
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