JKW Posted August 20, 2014 Posted August 20, 2014 I have a participant that is on leave and the document allows the loan payments to be on hold for up to 12 months. Occasionally the participant has a paycheck due to working for a job for one day - thus generating a paycheck. Since the paycheck is small it takes out his percentage of 401k contribution, but does not take out the loan payment? Is there an issue with this? Should the deferral not come out either? Thoughts.
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