Tag Archives: minimum

Solo 401k Participant Loan Facts: Borrowing from My Solo 401k

Increased Maximum Solo 401k Plan Loan Amount for Those Impacted by Coronavirus (COVID-19) (CARES Act) Solo 401k plan loan maximum for a qualified Individual (defined as meeting the COVID-19 or SARs-CoV-2 conditions described below) is increased to the lesser of $100,000 or 100 percent of the participant’s vested balance. This increased amount applies to loans made […]

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