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22-03-2024
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Cassidy has a 401(k) balance of 100,000.80,000 of the balance is vested. Cassidy would like to take a loan, has not taken a loan in the last 12 months, and has no other qualified plan loans outstanding. What is the maximum loan Cassidy could request from her 401(k)?
1) 80,000
2) 50,000
3) 100,000
4) 40,000

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