top of page

Take a loan from your retirement plan while business is slow

Writer's picture: Whitney Nash, CPFAWhitney Nash, CPFA

Updated: Apr 22, 2020

If your one-person business is hurting during the shelter-in-place order, and you need some money to help tide you over, watch this video to see if taking a loan from your own retirement account might be a good option for you. Contact me if you would like to learn more: www.nashionalsd.com/contact


Update for the CARES Act: As of March 27, 2020, the limit has been increased to 100% of the account balance, or $100,000, whichever is less. This increased limit is only available for loans taken out within 180 days from March 27th. Please contact us for additional information, rules and guidance.






6 views0 comments

Recent Posts

See All

Comentarios


Memberships:

NAPA Logo.jpg

Disclaimer:

Nashional Self-Directed does not offer tax, accounting, legal or investment advice. Please consult with the appropriately licensed or certified processional if these services are needed.

The content provided on this website is for informational purposes only. Pricing is subject to change at any time. 

bottom of page