Guest dhall Posted March 10, 2011 Posted March 10, 2011 Can a plan state the the MINIMUM loan that can be taken is $2,500? $5,000? I know it's usually $1,000.
rcline46 Posted March 10, 2011 Posted March 10, 2011 History lesson - b,r,f problems - DOL gives $1,000 minimum as ok, anything higher has to be tested under b,r,f to prove non-discrimination. Will you client pay for the additional testing?
BG5150 Posted March 10, 2011 Posted March 10, 2011 And, I would thinkthe testing would be ongoing, not just at the point of amendment since account balances will be ever-changing. QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now