QJSA distribution in a 401k plan

[EBDI]

401k plan is subject to QJSA. A former employee wants to take a distribution. His account balance is $4,000, but he has an outstanding loan balance of $3,000. Since the amount of cash he will get is under $5,000, do I need to get spousal consent? Do I include the amount of the outstanding loan balance in determining whether his balance is over $5,000?

[Flyboyjohn]

Yes