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How long does it take to process the loan?

It takes about two to three business days to prepare your loan documents. Once your loan documents are ready, you can request a withdrawal from your brokerage account.

Can I borrow against my Single(k) assets?

Yes. Single(k) has an optional loan provision. Minimum Amount: $1,000 Maximum Amount: The lesser of 50% of your vested account balance or $50,000 less your highest outstanding loan balance over the last 12 months. For example: John has a vested account balance of $150,000. Fifty percent of his account is $75,000; however, the maximum amount…