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Questions and Answers
Which type of participants are eligible for new loans in the Main Plan 401(k) and 457b(b)?
Which type of participants are eligible for new loans in the Main Plan 401(k) and 457b(b)?
- PST participants
- Beneficiaries
- Retired annuitants
- Active participants (correct)
Which source of money can loans be disbursed from?
Which source of money can loans be disbursed from?
- Rollover pretax money source
- Both roth and pretax money sources
- Roth money source
- Pretax money source (correct)
How many times can the payment date be changed during the life of a loan?
How many times can the payment date be changed during the life of a loan?
- Unlimited times
- Once (correct)
- Twice
- Three times
Which participants are not eligible for loans?
Which participants are not eligible for loans?
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What is the default style of a loan?
What is the default style of a loan?
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