Beware: Retirement Plan Loan Defaults Can Be Costly

September 8th, 2020|Categories: Accounting, Burns Firm, Tax|Tags: , , , , , , , , , |

Economic fallout from the COVID-19 crisis may cause some cash-strapped individuals to default on loans they've taken out from company qualified retirement plans, including 401(k) and profit-sharing plans. Defaulting on [...]