What this basically indicates is that, based on the guidelines of a Solo 401k loan guideline, both David and Diane will each have the choice of obtaining up to $50,000 from their Solo 401k plan at their discretion. The maximum amount of cash that one can obtain from a Solo 401K plan can reduce if the primary quantity in the Solo 401k account were to decrease. Topics that you ought to investigate additional include interest rates, payment methods and essential loan documents for facilitating a Solo 401k loan.

Solo 401k Plan