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IRS Plan Loan Rules: How Much Money, How Much Time?

Employee Benefits Law Group PC

Sept. 18, 2019
Recorded Online

A qualified plan such as a 401(k) may – but isn’t required to – allow for loans to plan participants. The loans will be subject to the written plan document requirements and the Internal Revenue Code. In this podcast, Marcel Weiland covers an overview of the Code statute that deals with the loan amount and repayment schedule, and the potential consequences of a compliance failure to the plan sponsor and employee.

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