Nova 401(k) Associates
Compensation Strategies Group, Ltd.
The Retirement Plan Company (TRPC)/an ABG firm
Creative Pension Consultants, Inc.
Atlantic Pension Services Inc
Nicholas Pension Consultants
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|'Why Isn't My Loan Balance Still Invested?'|
BenefitsLink Message Boards
Dec. 13, 2021
"This is an actual question I received from a client. I tried to explain that when a loan is taken, the funds are removed from the account and given in cash, so they cannot be invested in the plan because they aren't in the plan. They get reinvested according to the participant's allocation elections as they are repaid. He's asking for legal authority on the point. It's such a basic concept that I can't find any. Anyone have another way to explain it?"
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