Tag: retirement plan participant loans

An IRS Issue Snapshot addresses retirement plan participant loan rules that must be followed to avoid having a loan or...

A federal district court judge noted there are more than 460,000 loans at issue.

A participant has until the due date (with extensions) for filing his federal income tax return for plan loan offset amounts resulting solely from the participant’s termination of...

A report from Deloitte explores mechanisms to prevent loan leakage, including policy changes to plan design, loan education programs, debt consolidation, payroll program automation, and 401(k) loan insurance.

The number of participants taking hardship withdrawals remained less than 1%.