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Should a Plan Offer Loans to Participants?
Frenkel BenefitsLink to more items from this source
Jan. 12, 2015

"Although there are many abuses involving plan loans, there is still a valid reason to offer no more than two loans -- as long as participants are made aware of all the consequences. The first is the double taxation on loan interest.... The second consequence for employees to consider is leaving their job when they still have an outstanding loan."

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