What this generally suggests is that, based on the guidelines of a Solo 401k loan rule, both David and Diane will each have the option of borrowing up to $50,000 from their Solo 401k plan at their discretion. The maximum amount of money that one can obtain from a Solo 401K plan can decrease if the primary quantity in the Solo 401k account were to decrease. Subjects that you should research additional include interest rates, payment methods and needed loan documents for facilitating a Solo 401k loan.

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