Troutman Sanders LLP: Interest Rate for 401(k) Plan Participant Loans May Need to Be Prime Plus 2%

By Jonathan A. Kenter , Evelyn Small Traub , Jeffery R. Banish , Lynda M. Crouse , Tina A. DeNapoli , Jeanne E. Floyd , Stephen G. Gorell , Kristina Rae Jones , Edith "Edie" Margaret Lindsay , Roger S. Reigner Jr. , Mamta K. Shah and Wallace "Wally" M. Starke During a recent phone...