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2018 Tax Reform Series: A Change to Participant Loan Rollovers

By Raymond P. Turner on January 2, 2018
Posted in Tax Cuts and Jobs Act

One welcome qualified plan change under the Tax Cuts and Jobs Act is the extension of the period within which a participant may pay the amount of an “offset” of an outstanding plan loan to another qualifying plan or IRA to accomplish a tax-free rollover of the loan offset amount. The change became effective January…

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