AimPoint Pension
|
Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Bates & Company, Inc.
|
Loan & Distribution Specialist AimPoint Pension
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
The Truth about 401(k) Loans and Withdrawals
The Principal Blog Feb. 5, 2013 "The percent of our participants taking a new loan has declined by 3.5 percent since 2010 and is nearing pre-recession levels. At the highest point, new loans represented only 7.2 percent of participants and just barely over one-percent of total retirement plan assets. It's key to point out that the majority of loans are paid back -- into the participant's account, with interest." |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |