Loan Initiation/Quote for Plan 199999-01 ABC Organization
| Monday, Feb 11, 2008, 10:49 AM Eastern Daylight Time |
If you qualify, your investment account balance is reduced by the amount of the loan, and a loan account will be established. Loan payments (principal and interest) will be invested directly into the investment account based on your investment allocation at the time payment is received. The payroll frequency for loan repayments will be the same as the plan contributions. Your Plan may have a loan processing fee and/or maintenance fee.