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Which option below could happen in the event that a plan loan is defaulted upon for a participant who is 35 years old? (select all

Which option below could happen in the event that a plan loan is defaulted upon for a participant who is 35 years old? (select all that apply)

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The outstanding loan balance is fully taxable.

The loan can just rollover to an IRA.

A 10% penalty will be assessed on top of taxation.

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