Products July 17, 2006
MN Firm Releases 403(b) Loan System
July 17, 2006 (PLANSPONSOR.com) - 401kLoans, LLC
launched a new product aimed at providing 403(b) loan
origination and documentation for the not-for-profit
qualified plan industry.
Reported by Fred Schneyer
A news release from the St. Cloud, Minnesota-company said that the new service is called 403bLoans.
The automated process provides consistency and
control to minimize errors, and, in addition, the
compliant calculations and documentation minimize
regulatory risk for plan administrators and plan
sponsors, the announcement said.
More information can be found at
www.401kloans.com
or by contacting the company at 1-866-906-401k.