10/26/2016 LB 15 month camp

PARTICIPANTS ARE RESPONSIBLE TO VERIFY PLAN LOAN REPAYMENTS – SO SAYS THE TAX COURT

A free white paper by Madison Pension Services, Inc.

A recent tax court ruling, Louelia Salomon Frias v. Commissioner illustrates the importance of verifying that loan repayments are actually being made. Moreover, it is the participant’s responsibility to do so.

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