SURVEY SAYS: What efforts do you use to discourage participant loans?

Offering defined contribution (DC) retirement plan participants the chance to take a loan from their accounts is said to encourage participants to join the plan because they feel they have access to their money, but taking a loan from the plan could possibly be detrimental to participants’ overall retirement savings outcomes.

This week, I’d like to know, does your retirement plan use education or features to discourage plan participants from taking loans, and if so, how?


You may respond to this survey by 6 p.m. Pacific time today at