{"id":378,"date":"2014-10-06T14:51:16","date_gmt":"2014-10-06T18:51:16","guid":{"rendered":"https:\/\/www.bu.edu\/hr\/?page_id=378"},"modified":"2021-07-06T15:19:38","modified_gmt":"2021-07-06T19:19:38","slug":"taking-loans-from-your-accounts","status":"publish","type":"page","link":"https:\/\/www.bu.edu\/hr\/finances\/supplemental-retirement-savings-plan\/taking-loans-from-your-accounts\/","title":{"rendered":"Loans While Employed by Boston University"},"content":{"rendered":"<p>You may borrow money against your Supplemental Retirement &amp; Savings Plan accounts 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 &amp; Savings Plan accounts\u2014up to permissible limits\u2014without the need to experience a triggering event, including meeting the financial hardship provisions before making a <a title=\"Making Withdrawals on Your Accounts\" href=\"https:\/\/www.bu.edu\/hr\/finances\/supplemental-retirement-savings-plan\/making-withdrawals-on-your-accounts\/\">withdrawal<\/a>.<\/p>\n<p>There are fees associated with loans, and they may change from time to time. See <a href=\"\/hr\/documents\/BN_Fee_Notice.pdf\">Fee Disclosure<\/a> for further details.<\/p>\n<p>For detailed information about the loan provisions, contact Fidelity.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You may borrow money against your Supplemental Retirement &amp; Savings Plan accounts 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 &amp; Savings Plan accounts\u2014up to permissible limits\u2014without the need to experience a triggering event, including [&hellip;]<\/p>\n","protected":false},"author":8774,"featured_media":0,"parent":362,"menu_order":8,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/378"}],"collection":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/users\/8774"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/comments?post=378"}],"version-history":[{"count":16,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/378\/revisions"}],"predecessor-version":[{"id":16172,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/378\/revisions\/16172"}],"up":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/362"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/media?parent=378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}