If you have a 401(k) plan, you’ve likely had participants ask about taking loans from their accounts. If you haven’t yet, it is only a matter of time. While the concept of taking a loan is pretty straightforward—you borrow money, you repay it with interest—there are some pretty detailed rules that govern loans in the retirement plan world.
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- Winter 2021: The MEP/PEP Debate: Are We Better Together?
- Fall 2020: Cost of Living Adjustments for 2021
- Summer 2020: Electronic Delivery Could Save Billions
- Spring 2020: Understanding the CARES Act
- Winter 2020: How the Secure Act is Changing Retirement
- Summer 2019: Bucket List: Retirement
- Spring 2019: Automatic Enrollment is on the Rise
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- Fall 2018: Hardships Get a Little Easier and more…