What this essentially means is that, based on the rules of a Solo 401k loan rule, both David and Diane will each have the choice of borrowing up to $50,000 from their Solo 401k plan at their discretion. The maximum amount of loan that one can obtain from a Solo 401K plan can reduce if the principal amount in the Solo 401k account were to decrease. Topics that you should research additional include interest rates, payment methods and essential loan files for helping with a Solo 401k loan.

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