Madison's 401(k) has a current total value of $13,000. The vested portion of her 401(k) is...
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Madison's 401(k) has a current total value of $13,000. The vested portion of her 401(k) is equal to $8,000. Based on this information, and assuming that the plan offers loans and she currently does not have any outstanding loan balance, what is the maximum loan that she can take from his 401(k)? 1) $4,000 2) $5,000 (3) $8,000 4) $13,000 Madison's 401(k) has a current total value of $13,000. The vested portion of her 401(k) is equal to $8,000. Based on this information, and assuming that the plan offers loans and she currently does not have any outstanding loan balance, what is the maximum loan that she can take from his 401(k)? 1) $4,000 2) $5,000 (3) $8,000 4) $13,000
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