Plan sponsors must protect employee 401(k) loans from default

Loan Money Image401(k) loans are a fact of life

Employee Benefit Adviser is the latest publication to cover the topic of the growing risk of 401(k) loan defaults for plan sponsors.

Many sponsors believe they have taken adequate steps to de-risk their loan programs and lower the amount of loan defaults in their plans.

The truth is these well intentioned efforts are missing the mark.

Learn more in the Employee Benefit Adviser article here.

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