Loans While Employed by Boston University
You may borrow money against your Supplemental Retirement & Savings Plan accumulations while employed by the University. IRS rules limit the maximum loan you may take from this Plan. Through this loan feature, you have access to your Supplemental Retirement & Savings Plan accumulations—up to permissible limits—without the need to experience a triggering event, including meeting the financial hardship provisions before making a withdrawal.
There are fees associated with loans, and they may change from time to time. See Fee Disclosure for further details.
For detailed information about the loan provisions, contact your record keeper.