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If a loan is to be provided from a Section 401(k) profit-sharing plan and is NOT to be considered a taxable distribution, it must be

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If a loan is to be provided from a Section 401(k) profit-sharing plan and is NOT to be considered a taxable distribution, it must be adequately secured with negotiable collateral O available to all owners over age 5972 generally repaid within 5 years an amount no greater than $100,000

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