Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Running Your Business

System Supports Nonprofit Plan Loan Programs

Your article was successfully shared with the contacts you provided.

401kLoans L.L.C. has released a tool for administrators of 403(b) retirement plans.

Administrators of nonprofit plans can use the tool, the 403bLoans service, to make and document loans to participants, according to 401kLoans, St. Cloud, Minn.

The service includes compliance documents, an Internet-based application and approval process, and a feature than can automate the process of sending required notices to borrowers, 401kLoans says.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.