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Get I.B.E.W. Local 25 401(K) Fund Loan Application 2011-2024

SAL CONSENT PORTION OF THE FORM WITNESSED BY THE FUND MANAGER OR EMPLOYEE OF THE FUND OR A NOTARY PUBLIC. 3. THE AMOUNT OF LOAN AVAILABLE SHALL BE BASED ON 50% OF THE CURRENT BALANCE IN THE PARTICIPANT’S ELECTIVE ACCOUNT, INCLUDING INTEREST. 4. LOANS MAY NOT EXCEED $50,000. MINIMUM AMOUNT OF LOAN IS $1000. 5. INTEREST RATES SHALL BE BASED ON THE RATES CHARGED BY COMMERCIAL LENDERS ON SIMILAR LOANS. 6. THE FUND MONITORS LOANS TO ASSURE THEY ARE BEING USED FOR THE PURPOSE STATED ON THE L.

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